Categories
Brief Tech, Media & Telecom

Huawei, Apple gain bigger share of shrinking China smartphone market

Huawei Technologies and Apple both increased their share of the China smartphone market in the second quarter of 2020, bucking a broader trend as the overall market for handsets continued to contract, reported Reuters.

Huawei shipped 40.2 million devices in China in the second quarter, 8% more than a year earlier, to increase its share of the market to a dominant 44%.

Apple saw substantial year on year growth of 35%, selling 7.7 million units, though its sales made up only 8.5% of the total market.

Overall smartphone shipments in China totaled 97.6 million units, a 7% decrease from the year prior. The contraction suggests that despite China’s economic resumption following coronavirus-related lockdowns, consumers are tightening their belts and holding off purchases of new phones.

Leave a Reply

Discover more from China Economic Review

Subscribe now to keep reading and get access to the full archive.

Continue reading