Huawei Beats Apple to Become 2nd Largest Smartphone Brand Globally

Jan. 31, 2020

This was the result of an aggressive push from Huawei in the Chinese market, where it achieved almost 40 per cent market share, said the report. China accounted for over 60 per sent of Huawei’s total shipments.

“There have been growing tensions among several countries that have impacted the smartphone market. For example, the US pressure on Huawei, and tensions between Japan-Korea that led to uncertainties in the memory market,”said Varun Mishra, Research Analyst at Counterpoint Research.

Supply chains have been upset, causing various companies to rethink their strategies and reduce dependence on single markets.