Apple CEO Tim Cook unveiled the new iPhone 12 range to the world on October 13. The news came as Huawei Technologies lost its crown as the world's top smartphone seller to Samsung amid Sino-US trade tensions. China is projected to account for 35 to 45 percent of the global sales for the iPhone 12 Pro, he added. Meanwhile, Samsung regained the top spot in the global smartphone market in August with a 22 percent market share, ousting Huawei into second place, according to Counterpoint Research's latest report. Huawei's market share fell to 16 percent in August and it is expected to fall further in the future due to US trade sanctions, the report said.

Source: The Standard October 19, 2020 19:07 UTC