Huawei to surpass apple for the second place in the global cameraphone profits: nikkei asian review

Huawei to surpass Apple for the second place in the global cameraphone profits: Nikkei Asian Review

Huawei to surpass apple for the second place in the global cameraphone profits: nikkei asian review

Huawei, which is now under immense pressure due to the China-USA trade war, has everything good to watch forward to. The company is all set to bring down the income of Apple iPhones to take the second place in the global smartphone profits market.

While Huawei has overthrown Apple for the second spot in the global smartphones profits in previous quarters, this will be the first time that Huawei will beat Apple in full-year cameraphone income.

The Chinese company has already shipped extra than 200 million units this year and has managed to greatly increase income in China, Europe, and Africa. As per the report, it has presently achieved a lot more than 30 percent jump in global piece sales from the 153 million sold in 2017.

The most popular telephone series from the manufacturer has been the Huawei P20-series, which primarily focuses on the sensor performance, which features sensor sensors co-developed with Germany’s Leica. The company’s head of consumer business said that it’s possible Huawei becomes the world’s top smartphone maker by the end of next year, pointing to powerful growth in Europe and China.

According to the data from International Information, Corp. (IDC), Huawei controlled 10.4 percent of the global telephone market in 2017, behind Samsung Electronics’ 21.6 percent and Apple’s 14.7 percent. However, Huawei arrived in second behind Samsung for the initial time in the April-June quarter and kept its place ahead of Apple in July-September as nicely.

Read also: Counterpoint: Apple earned 62% of the global phone profits in Q2

However, it’s difficult for Huawei to hold on the spot for long given that the company is facing bans in major markets, these types of as the United States, Canada, and Australia. A couple of countries and telecom companies are Additionally shying from using Huawei communications equipment. This is bound to hurt the profits of the company’s smartphones in 2019.


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