New Delhi - Despite the US trade restrictions, Huawei has overthrown Samsung and Apple to become the leader in smartphone shipments globally in the second quarter of 2020, a new report said on Thursday.
Huawei shipped 55.8 million devices, down 5 per cent in Q2. The second-placed Samsung shipped 53.7 million smartphones, a 30 per cent fall against Q2 2019, according to the market research firm 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," Stanton said in a statement.
Huawei is still subject to US government restrictions, which have stifled its business outside of mainland China.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Huawei overtakes Samsung as top smartphone seller: industry trackerChina's Huawei has overtaken Samsung to become the number-one smartphone seller worldwide in the second quarter on the back of strong domestic demand, industry tracker Canalys said Thursday.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Huawei overtakes Samsung as top smartphone seller: industry trackerChina's Huawei has overtaken Samsung to become the number-one smartphone seller worldwide in the second quarter on the back of strong domestic demand, industry tracker Canalys said Thursday.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
How Covid-19 has turned defensive companies on their headsSPONSORED | ninetyone_sa The textbook definition for defensive companies is that they are those that tend to outperform the general market when economic growth slows. Read more.
Source: BDliveSA - 🏆 12. / 63 Read more »