SHENZHEN (Reuters) - China’s Huawei Technologies snatched the title of biggest smartphone seller from Samsung Electronics (005930.KS) in the second quarter, underscoring the resilience of the China market even as global demand for phones plunged amid the pandemic.

Huawei shipped 55.8 million devices in the April-June period, trumping Samsung’s 53.7 million, according to data from research firm Canalys.

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 now sells 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.

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.

The company’s stint as top seller may prove short-lived once other markets recover, a senior Huawei employee with knowledge of the matter told Reuters.

Samsung said on Thursday it expects smartphone demand to pick up in the second half of the year.

The United States has effectively blocked Huawei from using Google’s (GOOGL.O) services, damaging the attractiveness of the Chinese company’s phones abroad, and limited its access to chips crucial for 5G networking.

S&P Global Ratings said in a report on Wednesday the latest restrictions on Huawei could wipe out $25 billion in revenue from several Asia-based firms. Huawei has yet to publicly address the impact these curbs will have on its operations.

It remains unclear how much of Huawei’s second-quarter sales were driven by its 5G smartphones and high-end models that are most vulnerable to the restrictions, said Nicole Peng, vice president of Mobility at Canalys.

Source:https://www.reuters.com/article/us-huawei-smartphones/huawei-overtakes-samsung-as-top-handset-maker-thanks-to-robust-china-sales-idUSKCN24V0AP

Cc: lalasticlala mynd44 dominique

dermmy:
SHENZHEN (Reuters) - China’s Huawei Technologies snatched the title of biggest smartphone seller from Samsung Electronics (005930.KS) in the second quarter, underscoring the resilience of the China market even as global demand for phones plunged amid the pandemic.

Huawei shipped 55.8 million devices in the April-June period, trumping Samsung’s 53.7 million, according to data from research firm Canalys.

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 now sells 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.

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.

The company’s stint as top seller may prove short-lived once other markets recover, a senior Huawei employee with knowledge of the matter told Reuters.

Samsung said on Thursday it expects smartphone demand to pick up in the second half of the year.

The United States has effectively blocked Huawei from using Google’s (GOOGL.O) services, damaging the attractiveness of the Chinese company’s phones abroad, and limited its access to chips crucial for 5G networking.

S&P Global Ratings said in a report on Wednesday the latest restrictions on Huawei could wipe out $25 billion in revenue from several Asia-based firms. Huawei has yet to publicly address the impact these curbs will have on its operations.

It remains unclear how much of Huawei’s second-quarter sales were driven by its 5G smartphones and high-end models that are most vulnerable to the restrictions, said Nicole Peng, vice president of Mobility at Canalys.

Source:https://www.reuters.com/article/us-huawei-smartphones/huawei-overtakes-samsung-as-top-handset-maker-thanks-to-robust-china-sales-idUSKCN24V0AP

Cc: lalasticlala mynd44 dominique

I have been stuck on infinix and stuff,don't like apple ,just bought Huawei,trust me their phones are great ! Nice features ,flat and great ram

On this table I stand

Huawei... Their phones are good and durable.. I'm a fan since 2013 when I bought my first Huawei... The phone is still with me and I'm using for minor things like reading novels, torch light etc..

Reuters, CNN, BBC, Bloomberg e.t.c the same western media that you claimed are source of fake news is where you get this same information from. Terrorist Dermmy and double standard Lols " REUTERS sounds Chinese and Arabic to me

You just offended the western asslickers on this forum. They will soon come to tell you that an eight year old American can singlehandedly make a better phone and sell it 3x more

Blessing in disguise

Western media has made everything non_western evil. We need to sit down and look at it logically. Nigeria has been struggling to fight BH for decade, US has never shown any genuine support, infact, at a time they're were technically supporting BH by blocking every opportunity to access weapons. Whereas, the same US has been building sophisticated millitary bases all over Africa with several billions of dollars even all over islands in Africa. In a continent struggling to provide as basic thing as clean water, road, edu, etc. In term of infrastructural development, US hasnt built anything tangible anywhere in Africa despite her big economy and influence. On the other hand, China is building projects across Africa from electricity to train to Airport, roads, scholarships to Africans, etc even with their own money. Let's say we can't pay and they take over them, who would still be using those infrastructure, Chinese? At least they brought them here, so if we can't pay back and they take over them these things would still be in use by Africans and improve quality of life, just like every private business. US/Trump that everyone is supporting call Africans all kinds to unprintable names, visa ban, reporting weak sides of African nations and continuously ridiculing everything we do. The list is long. China hasnt done any of these yet, western media still find their ways into the hearts of Africans to hate Chinese. Sadly, enough some fake pastors joined this brainwashed citizens. Look at China, how many times have they tumbled African govt? How many nations have China invaded in Africa? How many times has Chinese embassy criticize our local affairs? Etc New York started have underground train in 1809, that's 200yrs, they never extended such to Africa. China started booming just 20yrs ago and they've extended everything technology they have to us, that have improved our lives; From phones, train, Good Airport, Naval ship, Telecom, Roads, scholarships, etc Africans must sitdown and think. China is not your enemy.