Huawei Technologies after pulling ahead of Apple Inc. Claimed the No. 2 in global smartphone shipments in the second quarter just behind Samsung Electronics Co., laying a bedrock for the rise of Chinese competitors.

Huawei shipped 54.2 million phones in the quarter, 41 percent more than a year earlier, to lift ahead of the iPhone maker for the first time, according to market research firm IDC. The telecoms giant accounted for 16 percent of the market, compared with 21 percent for South Korea’s Samsung and 12 percent for Apple. Xiaomi Corp. and Oppo, both based in China, rounded out the top five.

Source: techsport.com
Chinese smartphone makers have been gaining influence as their domestic market grows and they expand abroad. Huawei has pushed into Europe and Africa, though it’s failed to crack the massive U.S. market. Apple tends to sell iPhones at higher prices than its rivals and profits from services like iTunes, which helped it top earnings estimates for the quarter.

Ben Stanton, a senior analyst at Canalys, said that,“The importance of Huawei overtaking Apple this quarter cannot be overstated,” which also reported the shift in quarterly market share. For the first time in seven years Samsung and Apple have not held the top two positions. Huawei’s unable to crack U. S. Market has forced it to work harder in Asia and Europe to achieve its goals.”

https://naijatechstar..com/2018/08/huawei-for-first-time-ahead-of-apple-in.html?m=1

China don take over, no wonder American said China dey wage cold war

bigdot1759:
China don take over, no wonder American said China dey wage cold war