A survey carried out by Nikkei Asia Evaluate has revealed that Huawei surpassed Apple and grabbed the second largest market share for smartphones throughout the globe, for the primary time in 2019.
The report said that Chinese language corporations are persevering with to broaden their presence in the race for dominance in international high-technology markets with a lift from strong home demand.” Moreover, the survey additionally revealed that out of 74 excessive tech sectors, China boasts the most important market share in 12 of them, which is up from 10 from the earlier yr. This arrives regardless of growing pressures from the US, which additionally dominates the most important market in 25 of such sectors.
Regardless of the US-China commerce disputes and the export ban on Huawei, the Chinese language smartphone vendor nonetheless managed to move Apple for the primary time. The corporate a further 2.9 proportion factors, making its market share rise to 17.6 %, surpassing Apple. Simply 5 years prior, Apple and Samsung mixed held 39 % market share, with Huawei solely having 5 %. Huawei continues to be a significant participant in the market with its more moderen quarter market share being 20 %.
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