News
Huawei smartphone market moves strong with 8.3% year-over-year growth for Q2 2019: IDC
Second-quarter shipment results of Chinese smartphones market clearly shows Huawei’s dominance and a new report says its performance in the global smartphone market for Q2 has also increased tremendously.
According to IDC, Huawei grew its global smartphone shipments by 8.3% year on year shipment with 58.7 million during Q219 from 54.2 million in Q218. The company acquired a 17.6% global smartphone market share in Q2 2019, up from 15.9% last year.
Currently, Huawei’s shipment volumes decline by 0.6% with 58.7 million shipments in Q2 compared to 59.1 million in Q1 and 17.6% total market share Q2 compared to 19% shares in the Q1.
The decline in shipment and share is undoubtedly related to US-China trade issues but the impact of this situation is lower than what analysts have expected.
“Despite a lot of uncertainty surrounding Huawei the company managed to hold its position at number two in terms of market share,” said Ryan Reith, program vice president with IDC’s Worldwide Mobile Device Trackers.
On the list, Samsung stays on top with 75.5 million shipments and a 22.7% share. Apple comes on third with 33.8% million sales and 10.1% share, the company also saw a decline in its sales and shares.
Apart from the global market, the report from Canalys says the Chinese tech giant has captured 27.6% of the total Chinese smartphone market and counts as the only company to seen growth in its business for the second consecutive quarter.
Meanwhile, the smartphone market shipment continues to decline and in the second quarter of 2019, the decline rate is 2.3%.
