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Huawei saw a 66% YOY increase in China’s smartphone shipments

Despite having a tough time due to the ongoing US trade ban, Huawei remains unfettered with more than 200 million smartphones shipped globally thus far.

Huawei MWC 2019
Huawei’s MWC 2019, credit: Huawei Press Center

Now, according to market research firm Canalys, Huawei had recorded a 66% year-on-year growth in the local smartphone market, as the company’s smartphone shipment grew from 25 million (Q3, 2018) to a staggering 41.5 million (Q3, 2019).

Courtesy of the expansion in Chinese smartphone shipments, Huawei had also extended it’s smartphone market share in China from 24.9% (Q3, 2018) to 42.4% (Q3, 2019).

Even though the Chinese smartphone market had shrunk by 3% as compared to the same period last year, Huawei is still able to maintain its top-line growth which came at the expense of other smartphone makers including OPPO and Vivo.

Huawei’s record-breaking smartphone shipments in the Chinese market has helped to cushion the plummeting smartphone shipments in the global market as a result of the US trade ban against the firm.

Earlier this year, renowned analyst, Ming-Chi Kuo from TF International Securities estimated that Huawei may capture as much as 45% to 50% market share in China in 2020. From what we saw so far, Huawei isn’t far away from reaching this estimated market share.

Via: Reuters
Featured Image: Huawei Press Center

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