Apple, Huawei boost market share, as Q1 China smartphone shipments fall -Canalys [Reuters]
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Source: Reuters
Apple, Huawei boost market share, as first-quarter China smartphone shipments fall: Canalys SHANGHAI (Reuters) - Apple Inc and Huawei Technologies [HWT.UL] each captured a higher share of China’s smartphone market in the first quarter, according to data from research firm Canalys released on Friday. Total smartphone shipments in the country in the three months ended March fell 18% from a year earlier to 72.6 million, the data showed, as the coronavirus outbreak took a toll on Chinese supply chains and consumer demand. China’s Huawei, the No.2 smartphone seller in the world by volume, grabbed 41.4% of the domestic market, up from 33.9% a year earlier. Its overall unit shipments rose about 1% to 30.1 million. That growth came at the expense of Android rivals Oppo, Vivo, and Xiaomi Corp. The three companies saw shipments plunge by 26%, 19%, and 26%, respectively. All four companies rely significantly on overseas sales for revenue, although Huawei will depend on the domestic market increa
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