SHANGHAI - Top Chinese smartphone maker Huawei Technologies Co Ltd thrived in 2019 at the expense of smaller Chinese rivals and Apple even as the smartphone market shrank further and consumers favored phones with 5G technology, data shows.
Shipments for Apple's iPhones decreased about 21% year-on-year to 27.5 million. This comes as the domestic market for smartphones shrank 15% annually, according to the reportGrowth in smartphone sales stagnated in 2018 and 2019 as consumers postponed purchases, opting to wait for companies to release more 5G-enabled models. Huawei has already released four of these in China, while Xiaomi Corp has released two.
Huawei remains at the center of U.S.-China tensions. Last year, Washington imposed restrictions on the handset maker that barred American suppliers from selling goods and services to it, citing national security concerns. Huawei has denied these charges. Huawei’s fortunes picked up as iPhone sales lagged in 2017 and 2018, following a peak in the previous years. Last year, Apple offered discounts on iPhones to boost sales, a move that Chief Executive Officer Tim Cook later said was successful.
Ah pero comparame una truchada con la perfección. Tomatelás.
Aren’t Apple phones built in China? American..
Your point being !
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Reuters - 🏆 2. / 97 Read more »