Skip to main content

Huawei overtakes Samsung as top handset seller in 2020 second quarter

Huawei Technologies has snatched the title of biggest smartphone seller from Samsung Electronics in the second quarter of 2020 according to results released and vetted by research firm Canalys. Huawei shipped a total of 55.8 million phones in the second quarter, beating the 53.7 million shipped by Samsung for the top spot.

Huawei shipped 55.8 million devices in the April-June period, trumping Samsung’s 53.7 million, according to data from research firm Canalys underscoring the resilience of the China market even as global demand for phones plunged amid the pandemic.

Apple sits comfortably in the third place with somewhere between 40 to 45 million, with the exact numbers still being confirmed as of time of publication. Xiaomi and Oppo finished fourth and fifth with 28.8 million and 25.8 million respectively.

The Chinese company has felt the heat of U.S. sanctions that have disrupted its business overseas, but the latest numbers show its rising dominance in its home market.

Huawei’s sales fell 5% from the same quarter a year earlier, while South Korea’s Samsung posted a 30% drop due to weak demand in key markets including Brazil, the United States and Europe.

“Our business has demonstrated exceptional resilience in these difficult times,” a Huawei spokesman said.

Domestic sales rose 8%, but Huawei’s overseas shipments fell 27% in the quarter.

Huawei sold nearly two-thirds of its handsets in China, which took an early hit from the coronavirus pandemic but has since reclaimed ground as new cases have dwindled. Smartphone makers dominant in other countries are still struggling as new virus cases continue to rise.

According to Andreas Zimmer, Huawei’s app store head of ecosystem and software strategy, the number of people in Europe using Huawei Mobile Services (Huawei’s alternative to the banned Google services) has grown from 530 million to 700 million from Q1 2019 to Q2 2020.

Comments

Popular posts from this blog

Ghana Home Loans

With interest rates declining, a more liquid environment and a macroeconomic stability, mortgage financing is expected to see an ease of credit. And Ghana Home Loans being a leader in this industry is expected to lead the way. Ghana Home Loans (GHL), a leader in home mortgage, continues to be the frontier in fulfilling dreams of many Ghanaians in homeownership. Since starting business in 2006, it has also provided many existing homeowners with Equity Release mortgages to support their businesses, pay educational fees, improve their properties, or simply pursue other personal hobbies and interests. Ghana Home Loans is a mortgage finance institution which operates under Bank of Ghana’s supervision as a non-bank financial institution. At present, the Company remains the only such institution that focuses exclusively on the provision of mortgage product. Through the Home Completion mortgage and Home Construction mortgage products, Ghana Home Loans has enabled many qualified applican

Zoomlion Advocates Community & Gender inclusive waste management for Climate Action at COP 29

 Africa's waste management giant, Zoomlion Ghana Limited has advocated for an integrated approach to waste management that considers the interest of community members, women and vulnerable groups. James Deku, a Communications Officer of Zoomlion Ghana Limited made this call at the 29th session of the Conference Of Parties (COP 29) of the United Nations Framework Convention for Climate Change (UNFCCC) at Azerbaijan, Baku whiles speaking on the topic "Community-Driven and Gender Inclusive approaches to waste management for Climate Action ". He said the waste sector is a major contributor of methane emissions which is a potent greenhouse gas causing climate change hence the need to manage waste in a manner that considers the interest of all stakeholders. Zoomlion's waste management model is designed and operated in a manner that considers the interest of all stakeholders. Through a Public Private Partnership (PPP) model, local authorities engage community members in clea

Anglogold Ashanti Obuasi Mine tops 2024 Sustainability & Social Investment Awards

 AngloGold Ashanti Obuasi Mine has confirmed its status as sustainability champions by sweeping nine awards, the most won by a company at the 2024 Sustainability & Social Investment Awards (SSI) held at Movenpick Ambassador Hotel in Accra. The feat comes on the heels of a dominant performance in last year's event where AngloGold Ashanti Obuasi Mine swept seven awards. The SSI Awards organised by Ianmatsun Global Services recognizes the most outstanding sustainability, Corporate Social Responsibility (CSR), Environmental, social, and governance (ESG) initiatives in the country and beyond as well as the best teams and individuals who brought them to life. This year's event, which was the 8th edition, was under the theme "Climate Action Now: Accelerating Decarbonization and Building Resilience". The awards won by AngloGold Ashanti on the night include SSI Company of the Year, Best Company in Women Empowerment (project), SSI Company of the Year ( Environment), Best Co