Huawei overtakes Samsung in smartphone sales for the first time ever, report says

CNN

30th July, 2020 01:02:39 printer

Huawei overtakes Samsung in smartphone sales for the first time ever, report says

Huawei became the world's top smartphone seller last quarter, overtaking Samsung for the first time ever, according to an independent market research report released Thursday.

The Chinese tech company shipped 55.8 million phones in the three months ended in June, surpassing longtime rival Samsung, which shipped 53.7 million, according to the Canalys report.

"Taking first place is very important for Huawei," said Canalys analyst Mo Jia. "It is desperate to showcase its brand strength to domestic consumers, component suppliers and developers."

A years-long US pressure campaign against Huawei has handicapped the Shenzhen-based firm's global business.

Huawei still suffered an annual decline in smartphone shipments of 5%. But Samsung's was a lot bigger at 30%, according to Canalys.

The market research firm said Huawei's victory over Samsung wouldn't have happened without Covid-19. The company was able to take advantage of the economic recovery in China, where Huawei now sells over 70% of its smartphones. Samsung has a very small presence in China.

Huawei's global smartphone and telecom gear business continues to suffer the fallout from US sanctions that cut the company off from key American tech and supplies.


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