Published in Mobiles

Huawei closing on Apple

by on23 May 2017


Headed to become a number two 

Huawei is slowly closing on Apple in a bid to replace the fruity cargo-cult as the number two of the smartphone industry.

 

According to beancounters from Gartner, Huawei has narrowed the gap with its two biggest competitors Apple  and Samsung in global smartphone sales.

The Chinese network-to-consumer-electronics builder increased its market share to nine percent during the first quarter from 8.3 percent in the year-earlier period.

Anshul Gupta, research director at Gartner, said in a statement that Huawei has now steadily held the third spot in the worldwide ranking of smartphone vendors," 

Chinese vendors Oppo and Vivo grew their shares of the market to 8.1 and 6.8 percent respectively, helped by aggressive marketing and sales promotions, posing a threat to both Huawei and Apple in China, where Oppo is the No. 1 smartphone seller.

Samsung Electronics kept its top spot but saw its market share shrink to 20.7 percent from 23.3 percent. Apple's market share dropped to 13.7 percent from 14.8 percent. 

Overall, 380 million smartphones were sold during the first quarter, 9.1 percent more than in the year-earlier period so this means that while Apple and Samsung market share is falling, the rivals are growing.

Last modified on 23 May 2017
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