An incredible mark has been set by the smartphones of Huawei in China. This has been so far the highest benchmark set by them it the recent 8 years.
Unfortunately, Apple’s shipment has been declining and has reached to 14% decline in the last months. While the Chinese competitors have been doing a great job at the business.
As for now, Huawei captures almost 38% of the entire market share in China, Canalys stated. Canalys added further, “Huawei’s shipments in United State often caused an overseas, but in China, it has been doing great “.
Despite of all the political issues, Huawei still managed to cope up and reached a 23.2% increase in the first six months of the year 2019.
In the month of May, the U.S. Prime Minister Trump put Huawei in an entity list that ensured that the companies must have a special license in order to make any transfer technology or sell to Huawei. This would create difficulties for making any such profit for Huawei.
Further, the U.S. government targeted the Chinese government saying, there could be a possibility that the Chinese government may become a threat to the US.
However, Huawei has still managed to come up in the business with a remarkable standard being set in the market share. The other competitors including those of Vivo, Oppo, and such brands have been giving major competition to the brands already existing in the market. This has bothered the Apple shipments in the market share stating a 14% decline in recent time. In addition, there seems to be a side competition among the popular marketers of Vivo and Oppo but as far they have been doing great in share market all over. Yet, Huawei is at the top and has been gaining popularity since the starting of the year 2019.
Cited Article Sources:
https://canalys.com/newsroom/canalys-huawei-takes-record-38-share-in-china-as-market-softens-before-5g-launch