Xiaomi surpassed Huawei to become the World’s Third Biggest smartphone brand in Feb 2020

March 21st, 2020   Penny Snow   news Tags:

Xiaomi surpassed Huawei to become the world’s third-largest phone brand in terms of shipments in February 2020 as claimed by to a report by market research firm Strategy Analytics. This is the initial time Xiaomi has ever overtaken its rival, Huawei.

Xiaomi surpassed Huawei to become the World’s Third Largest smartphone brand in Feb 2020

Like per the report, in February 2020 alone, the worldwide cameraphone shipments fell 38% YoY accounting for 62 million units. Profits moreover dropped 39% YoY with 65 million units. These factors together with the backlog of Lte inventory have affected Huawei adversely. The company’s shipments and income declined by 69% and 64% YoY respectively.

Xiaomi surpassed Huawei to become the World’s Third Largest smartphone brand in Feb 2020 2

As a achievement, Xiaomi became the third-largest cameraphone maker in February 2020, even though its shipments and profits dipped by 32% and 29% YoY respectively. With all that being said, the change between Xiaomi and Huawei was merely 0.5 million or 500,000 units with a total of 6 million and 5.5 million shipments respectively in the previous month.

Xiaomi Surpasses Huawei Third Largest Smartphone Brand

Further, Samsung seized the top position like standard in February 2020 with 18.2 million units, followed by Apple with 10.2 million units. At some point, fifth and sixth positions were acquired by Oppo and Vivo respectively with 4 million and 3.6 million units each. Additionally, like Huawei and Xiaomi, the above-stated brands encountered slump in their shipments and sales by a huge margin.

Huawei is presently likely through a tough time since the United States government added it to the ‘Entity List’ last year. This forced US-based companies to drop their businesses with Huawei and in the process, the Chinese cameraphone maker Additionally lost its Android license. Furthermore, global smartphone shipments have been slipping for YoY like people tend to use their phones for a long time.

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