Huawei loses spot in top 5 handset players for 1st time in 6 yrs
By IANS |
Published on
Fri, Jan 29 2021 9:36 IST |
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Huawei loses spot in top 5 handset players for 1st time in 6 yrs. Image Source: IANS News
New Delhi, Jan 29 : First time in six years, Huawei (including Honor) fell outside the global top five smartphone vendors, garnering the sixth place in Q4 2020 with 32 million smartphones shipped, according to a new report.
Huawei dramatically receded in most markets as the result of the US sanctions. Its decision to divest Honor, however, may prove vital, as Honor is not bound by the same restrictions and component supply is resuming, said research analyst Amber Liu from market research firm Canalys.
Huawei dramatically receded in most markets as the result of the US sanctions. Its decision to divest Honor, however, may prove vital, as Honor is not bound by the same restrictions and component supply is resuming, said research analyst Amber Liu from market research firm Canalys. It was just nearly a year ago that the same research firm reported that Huawei had overtaken Apple to take second place in 2019. Honor, however, has a colossal challenge ahead. It needs to redefine the brand, from young demographics to address both premium and mass market. It needs to extend its product range to compare to the breadth of Huawei. Liu added.
The impact of United States government sanctions on Huawei is continuing to hurt the company and dampen overall smartphone shipments in China, where it is largest smartphone vendor, according to a new report by Canalys. But Huawei’s decline also opens new opportunities for its main rivals, including Apple. Canalys says Apple’s performance in China during the fourth-quarter of 2020 was its best in years, thanks to the iPhone 11 and 12. Its.
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New iPhones boosted Appleâs revenue to more than $100 billion for the first time.
By Bloomberg News
28 Jan 2021 09:38
Image: Bloomberg
Record iPhone shipments pushed Apple to the No. 1 position in the global smartphone market as Samsung and Huawei Technologies lost significant ground, market research firms said on Thursday.
Canalys and Counterpoint estimate iPhone shipments jumped to roughly 82 million units in the last quarter, marking a new high for Apple and crowning it the leading smartphone vendor. Samsung slumped more than 10% to just over 62 million shipments in a period that was marked by the release of the first 5G-enabled iPhones. Xiaomi Corp., Oppo and Vivo filled out the top five while Huawei suffered a 41% drop after US sanctions deprived it of access to key suppliers and chipmakers.