Huawei Phones Gain China Market Share From Patriotic Buying
Huawei Phones Gain China Market Share From Patriotic Buying

Huawei Technologies supplied 36.3 million smart phones in its home market of China in the April-June quarter, up 27% from a year earlier, riding a patriotic backlash towards American sanctions on the company.

 
Huawei's competitiveness grew 9.6 percentage points to 37% in IDC data out Tuesday. U.S. restrictions enforced in May ultimately bar the company from acquiring American components, yet deliveries appear to have been unlikey affected by these measures.
 
The U.S. pressure has fueled purchases of Huawei devices here as Chinese companies encourage employees to buy them, for example. Huawei bucked the national trend of declining smartphone sales. Overall shipments in China reduced 6.1% on the year to 97.9 million last quarter. Full-year shipments sank for a second straight year in 2018 in a concentrated market. Customers are also growing thriftier amid soft corporate earnings.
 
Internationally, second-quarter smartphone deliveries shrank 2.3% to 333.2 million units, according to IDC. Even as smartphone markets of developed economies become saturated, Huawei's shipments flashy 8.3% to 58.7 million, thanks largely to sales in China.
 
TRONSERVE

Published : 7-Aug-2019

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