Smartphone maker Huawei has overtaken Samsung, which has been at the top for a long time.
At the end of the first quarter of this year, the Chinese brand Huawei topped the smartphone market with 19 percent.
The information was confirmed by Neil Shah, Research Director, Counterpoint Research.
According to the first quarter report published by Counterpoint Research, the entire smartphone industry suffered huge losses this quarter. Smartphone sales are declining at an alarming rate due to the spread of the COVID-19 epidemic around the world.
According to the report, Huawei marketed 49 million smartphones in the first quarter, down 17 percent from a year earlier. Samsung and Apple market 59 million and 40 million smartphones, respectively, which is 18 and 17 percent less than last year.
Surprisingly, despite lockdowns and US sanctions, Huawei’s smartphone sales have increased by 6 percent year-on-year. According to experts, Huawei has sold a large number of smartphones in China, capitalizing on US sanctions. Google has long banned Google services in China. A series of US sanctions on Huawei has prompted the Chinese to buy domestic phones. In China alone, Huawei’s market share has risen by 40 percent.
On the other hand, Samsung has moved to the second position with 17 percent share of the smartphone market. The Kavid-19 epidemic has led to a decline in smartphone sales in India, the United States and Europe, one of Samsung’s major smartphone markets. Apple, another company in the smartphone industry, saw its iPhone sales fall 1 percent year-on-year. Smartphone sales from other companies have fallen at an alarming rate.