Chinese generation giant Huawei sent more smartphones than any other company in this 2020 quarter, making it the first quarter in which a company other than Samsung or Apple has dominated the market in nine years, according to a new report by the studio company Canalys.
Huawei shipped 55.8 million devices in the quarter, 5% less year-over-year, enough to beat Samsung, which shipped 53.7 million smartphones in the quarter at this time. For Samsung, this is a 30% minimum since the last quarter of 2019, the report says.
One of the main drivers of Huawei’s good fortune has been its expansion into China, which has noticed that its economy starts from the coronavirus pandemic as the number of COVID-19 cases has skyrocketed in other markets such as the United States and Europe. Huawei relied heavily on sales in China after restrictions from the U.S. industry prevented the phone manufacturer from charging their phones with popular Google apps.
Restrictions damage Huawei’s foreign sales, with domestic shipments falling by 27% in the current quarter. But the company is a dominant player in China, as it now sells more than 70% of its phones in mainland China, Canalys reports.
The COVID-19 pandemic has decimated the place of the global smartphone market as a whole, and the International Data Corporation predicts that the place of the market could decline by up to 11.9% year-on-year by 2020. But Huawei’s confidence in the Chinese market has given it a boost. , Canalys reports.
“This is a remarkable result that few people would have predicted a year ago,” Ben Stanton, a senior analyst at Canalys, wrote, uttering the report’s findings. “If it wasn’t for COVID-19, it wouldn’t have happened. Huawei took full credit for China’s economic recovery to revive its smartphone business.”
Samsung, however, has a small presence in China according to Canalys, which reports that The South Korean electronics giant accounts for less than 1% of the market share. The report mentioned Apple, but China is the third largest iPhone manufacturer market according to its latest earnings report, after the United States and Europe.
But Huawei’s position on the most sensible one can be simply limited; The report notes that dominance in the Chinese market position will not be enough for Huawei in the long run as the global economy recovers from COVID-19.
The report also comes at a time when Samsung and Apple have been promoting less expensive devices to combat a global slowdown in the industry, as consumers have retained their devices longer. Both corporations are also expected to launch new high-end devices in the coming weeks and months, and rumors recommend that Samsung be able to release a new edition of their Galaxy Note next month.
Meanwhile, Apple is expected to launch its first iPhone 5G in the fall. And if Apple’s 5G-compatible iPhone sells as well as the iPhone 11 line, Apple could be the market leader in 5G phones, according to Strategy Analytics.
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