Huawei is Now the World’s Largest Smartphone Maker: Report

Huawei Slashes More Than 50% Workforce in India; Reduces Revenue Estimate
For the primary time in 9 years, Chinese tech large Huawei has surpassed South Korean behemoth Samsung when it comes to world smartphone shipments. That’s in response to a brand new report from market evaluation agency Canalys.

As per the agency, Huawei shipped 55.8 million smartphones within the second quarter of this yr. Samsung, then again, got here second with 53.7 million smartphone shipments. While Huawei witnessed a 5 % year-over-year decline gross sales, Samsung needed to face a 30 % fall when in comparison with its figures in the identical quarter final yr.

huawei samsung worldwide shipments
Image: Canalys

The information may come as a shock to many for the reason that US’ ban on Huawei has nonetheless not been lifted, making the corporate’s merchandise much less interesting as a result of lack of Google’s companies regardless of having wonderful {hardware} options, particularly within the digicam division.

However, the gross sales figures for Huawei telephones in China will not be exhibiting any indicators of slowing down, aside from the industry-wide decline as a result of coronavirus pandemic. In truth, Canalys says that Huawei now sells over 70 % of its smartphones in mainland China.

huawei shipments canalys
Image: Canalys

“If it wasn’t for COVID-19, it wouldn’t have happened. Huawei has taken full advantage of the Chinese economic recovery to reignite its smartphone business. Samsung has a very small presence in China, with less than 1% market share, and has seen its core markets, such as Brazil, India, the United States and Europe, ravaged by outbreaks and subsequent lockdowns,” says Canalys Senior Analyst Ben Stanton.

At its earnings name, Samsung mentioned it expects higher gross sales subsequent quarter due to new flagship telephone launches just like the Galaxy Note 20 and Galaxy Z Fold 2 5G. It can be attention-grabbing to see if Huawei manages to retain its place within the subsequent quarter.

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