Huawei is the only smartphone maker with positive YoY growth in Q1 2020 in China

Counterpoint market research has published the result of the Chinese smartphone market in the first quarter of 2020. Showing a decline of 22% YoY (Year on Year) total smartphone market sales.

Except for Huawei, all major OEMs underwent a year over decline. The market share of Huawei rose to near 40% in Q1 and is the only smartphone maker that achieved positive YoY growth even amid the COVID-19 pandemic.

Huawei and Apple managed to increase market share from the same period last year, clearly out-performing the overall in Q1 2020.

Huawei smartphone sales achieved 6% YoY growth and sales of iPhones mildly dropped by 1% only. While other companies suffered plummeting sales with double-digit declines.

China’s 5G market:

Huawei has appeared as a dominant force in the Chinese 5G smartphone market, contributing over half of the total 5G smartphone sold in the first quarter of 2020.

“We’ve closely tracked the global 5G market and found that within 6 months after commercialization of 5G in China, the penetration of 5G smartphone sales jumped to over 15% in Q1 2020. Sales units of 5G smartphones grew by nearly 120% QoQ” Wrote Counterpart.

Also, Check:

Huawei sold 8 million 5G phones in the Q1 2020, captures over 33% market share: SA