Huawei is the only major smartphone brand still growing in China. Apple is fading fast - News Summed Up

Huawei is the only major smartphone brand still growing in China. Apple is fading fast


It was the only major smartphone maker that managed to grow in China's declining market , and it did so by a huge amount. Apple sales in the first quarter plunged by 30% to 6.5 million phones — its worst decline in two years, according to Canalys. Huawei's stellar first quarter growth came despite China's smartphone market suffering its worst contraction in six years, with overall shipments declining 3% to 88 million phones. Market research firm IDC said Tuesday that Huawei's smartphone sales worldwide grew more than 50% in the first quarter to 59 million devices. "Huawei is now within striking distance of Samsung at the top of the global market," IDC said in a report.


Source: CNN May 01, 2019 10:30 UTC



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