Huawe Named the World’s Second-Largest Smart Phone Company After Apple

China’s Huawei Group, which ousted Apple in the second quarter to become the world’s second-largest smart phone company, has announced its intention to remove Samsung from the forefront.

The world’s smart phone companies, intends to remove “Samsung” from the forefront as of 2019 despite its absence from the Chinese market.

“We will be second only to smartphone sales in the world next year,” said Richard Yu, head of consumer products at the group. “We can even take the lead in the fourth quarter of 2019.”

“The past six months have been spectacular,” Yu said at a press conference at Huawei headquarters in Shenzhen, southern China.

Huawei sold nearly 95 million smartphones in the first quarter of this year, up nearly 30 percent in a year and is expected to surpass its target of selling 180 million phones in 2018.

For the first time, Huawei has broken the standard Apple-Samsung, which has been at the top of the global smartphone market for eight years, according to an IDC report Tuesday.

Samsung sold 71.5 million phones between April and June, with a 20.9 percent share in the global market followed by Huawei with 54.2 million units sold (15.8 percent of the market) (International Data Corporation).

The Chinese group followed suit with rival Apple, which sold 41.3 million iPhones (12.1 percent of the market share) to lose its position in the top two for the first time since 2010.

Huawei’s record performance came at a time when the global market saw a 1.8% fall in the second quarter, as sales fell and the market reached a state of chronic saturation.

Yu said Huawei benefited from the success of its more expensive products in both Chinese and European markets.

However, the company relies mainly on the large sales of the cheapest phones in the Asian, African and European markets, a remarkable success for its phones in the face of the most expensive phones for its competitors.

However, the industry analyst at Canales in Shanghai pointed out that Huawei’s release of the global smart phone market would be a “very complex” task due to slow growth indicators in the market and increased competition.

“Whether Huawei or its cost-effective strategy will continue to see whether Samsung will be eliminated, especially in light of the” big gap “of Huawei‘s absence from the United States, is the third largest global market.

Huawei Group

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