Huawei beats Apple to become No 2 in smartphones

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Samsung sold more than 70 million phones last quarter, down about 10% from the same time past year.

Since 2010 Samsung and Apple have had the top two positions locked down tight, with no rival maker properly challenging their overall supremacy. The launch of a cheaper iPhone will give Apple's smartphone business a volume boost that should comfortably place it in the second position even in the offseason. Huawei, meanwhile, shipped some 54.2 million handsets, according to preliminary IDC data.

The company shipped 54 million smartphones in the quarter ending April-June, up 41 percent from past year. Huawei has been expanding aggressively in Europe and Africa, though it is blocked from the US.

Meanwhile Apple seems to be struggling to grasp the Indian market the same way it does here and other western countries. As for market leader Samsung, it saw its shipments decline by 8 percent to 73 million. "Huawei's P20 Pro is the first flagship smartphone model to be equipped with triple cameras, beating competitors to market", IHS Markit analyst Gerrit Schneemann said in a note.

THE SMARTPHONE MARKET is no longer a two-horse race between Samsung and Apple, as Huawei has taken the number two spot for the first time.

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"The continued growth of Huawei is impressive, to say the least, as is its ability to move into markets where, until recently, the brand was largely unknown", IDC analyst Ryan Reith said in a statement.

OnePlus led the smartphone segment, capturing 40% of the market, driven by record shipments of its OnePlus 6 as compared to its previous flagships.

Apple's 41.3 million in sales for the quarter represented just 1 percent year-over-year growth; however, Apple reported Tuesday, its iPhone revenues grew by 20 percent year-over-year.

The top 10 vendors list includes six Chinese companies: Huawei, Vivo (7%), Oppo (8%), Xiaomi (9%), Lenovo (3%) and Tecno (1%). The figure is close to Apple's 215.8 million total 2017 shipments and 130.6% of Huawei's 2017 annual figure, calculated from a 2017 IDC report. Apple will look to regain control of the market this fall with the expected launch of three next generations of iPhone models.

China's Huawei Technologies Co Ltd [HWT.UL] posted a 15 percent rise in first-half revenue, with industry data showing market share gains at home for the smartphone maker that has been largely shut out of the US market over security concerns.

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