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China’s Huawei smartphone shipments plunge as U.S. sanctions continue to bite - superadmin - 10-30-2020
- In the third quarter of 2020, Huawei shipped 51.7 million smartphones, down 23% year-on-year, according to a Canalys.
- Huawei lost its crown as the world’s biggest smartphone maker, after gaining the title in the second quarter of the year. Samsung overtook Huawei.
- Xiaomi meanwhile saw shipments rise as it took customers from Huawei.
HANGZHOU, China — Shipments of Huawei phones plunged in the third quarter as U.S. sanctions continue to hurt the Chinese technology giant, while domestic rival Xiaomi managed to capitalize on it, new data shows.
In the three months to the end of September, Huawei shipped 51.7 million smartphones, down 23% year-on-year, according to a Canalys report published Thursday.
Another firm, Counterpoint Research, said on Thursday that Huawei shipped 50.9 million smartphones, down 24% versus the same period last year. The Chinese firm’s market share dipped to 14% from 18% in the third quarter of 2019, according to Counterpoint.
Overall in the third quarter, worldwide smartphone shipments reached 348 million units, a 1% decline year-on-year, but a 22% rise from the second quarter, the Canalys report showed.
Huawei lost its crown as the world’s biggest smartphone maker, after gaining the title in the second quarter of the year.
Samsung overtook Huawei. The South Korean giant’s shipments totaled 80.2 million, growing 2% year-on-year, Canalys said.
The U.S. has waged a campaign against Huawei as part of the broader trade war with China. Huawei is seen as one of China’s national champions and key to the country’s ambitions in next-generation technologies like 5G, the next-generation mobile networks that offer super-fast data speeds.
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