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Counterpoint: Global smartphone sales in February shrink by 14%, Huawei performed above expectations

According to the latest report released by Counterpoint, the global smartphone sales (sell-though) for the month of February has recorded a 14% year-on-year decline due to the recent coronavirus outbreak.

One of the main reasons for the stark decline is because consumers in many markets have became more cautious during this challenging period of time as noted by Counterpoint.

Data source: Counterpoint

In the month of February, Samsung maintained it’s top position after securing 21.9% of the global smartphone share (in terms of sales volume). Moving down the list, we have Apple and Huawei in the second and third positions with a global market share of 14.4% and 13.2% respectively.

Although Hauwei recorded a 1% drop in global market share, but Counterpoint said that the company actually “performed well above expectations”. This is because Huawei had managed to sell more than 12 million smartphones globally despite having maximum exposure to China’s supply-chain and market demand which were both negatively affected by the coronavirus outbreak in February.

Sitting in the forth to seventh positions are Xiaomi, OPPO, Vivo and Realme respectively.

Source: Counterpoint
Featured Image: Huawei Press Center

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