Huawei tightens China market hold with 42pc share at expense of iPhones | The Daily Star
Skip to main content
T
Friday, September 22, 2023
The Daily Star
E-paper Today's News বাংলা
  • Home
  • News
    • Bangladesh
      • Investigative Stories
    • Investigative Stories
    • Asia
    • World
  • Opinion
  • Health
  • Sports
  • Business
  • Entertainment
  • Culture
  • Life & Living
  • Youth
  • Tech & Startup
  • Multimedia
  • Feature
    • Lifestyle
    • Rising Star
    • Showbiz
    • My Dhaka
    • Satireday
    • Campus
    • Toggle
    • Star Literature
    • In Focus
    • Star Youth
    • Shift
    • Daily Star Books
    • Roundtables
    • Star Holiday
    • weekend read
  • More
    • Environment
    • NRB
    • Supplements
    • Law & Our Rights
  • E-paper
  • বাংলা
Search Epaper T
  • Today's News
  • Home
  • News
    • Bangladesh
    • Investigative Stories
    • Asia
    • World
  • Opinion
  • Health
  • Sports
  • Business
  • Entertainment
  • Culture
  • Life & Living
  • Youth
  • Tech & Startup
  • Multimedia
  • Feature
    • Lifestyle
    • Rising Star
    • Showbiz
    • My Dhaka
    • Satireday
    • Campus
    • Toggle
    • Star Literature
    • In Focus
    • Star Youth
    • Shift
    • Daily Star Books
    • Roundtables
    • Star Holiday
    • weekend read
  • More
    • Environment
    • NRB
    • Supplements
    • Law & Our Rights

  • About Us
  • Contact Us
  • Apps
  • Comment Policy
  • RSS
  • Sitemap
  • Advertisement
  • Newsletter
  • Privacy Policy
  • Conference Hall
  • Archives
Business
Reuters, Shenzhen, China
Thu Oct 31, 2019 12:00 AM
Last update on: Thu Oct 31, 2019 12:09 PM

Most Viewed

  • Will price controls work to tame inflation?

  • We expect major economies to do their fair share: PM

  • Inflation to cool in later part of FY24

  • Potatoes, eggs, onions still not being sold at govt-fixed prices

Business

Huawei tightens China market hold with 42pc share at expense of iPhones

Reuters, Shenzhen, China
Thu Oct 31, 2019 12:00 AM Last update on: Thu Oct 31, 2019 12:09 PM
People look at devices in Huawei’s first global flagship store in Shenzhen, China yesterday. Photo: Reuters

Huawei Technologies captured a record 42 percent of China’s smartphone market in the third quarter as local consumers rallied behind it after US sanctions, leaving Apple to languish towards the bottom of the pile, market data showed.

Apple’s market share in China slipped to 5 percent from 7 percent in the year-ago quarter, according to a report that market research firm Canalys released on Wednesday, hours before the Cupertino, California-based company was to report quarterly results.

For all latest news, follow The Daily Star's Google News channel.

The July-September quarter marked the iPhone’s weakest sales in China in five years, said Nicole Peng, vice president of mobility at Canalys, with shipments likely down more than a quarter.

Concerns about slowing iPhone sales in China have dogged Apple for many quarters even as the global smartphone market has slowed and a resurgent Huawei has hit record sales in the country.

Huawei, the world’s No. 2 maker of smartphones, was all but banned by the United States in May from doing business with American companies, significantly disrupting its ability to source key parts.

The company was then granted a reprieve until November but the blacklisting pushed up patriotic purchases of its smartphones in China, helping it more than offset a shipments slump in the global market.

With the expected rollout of the super-fast 5G network in China in coming months, Huawei’s advantage is expected to grow further.

“Huawei is in a strong position to consolidate its dominance further amid 5G network rollout, given its tight operator relationships in 5G network deployment, and control over key components such as local network compatible 5G chipsets,” Peng said.

“This puts significant pressure on Oppo, Vivo and Xiaomi, which find it very hard to make any breakthrough.”

Oppo, Vivo, Xiaomi and Apple together accounted for 50 percent of the market in the third quarter, down from 64 percent a year earlier.

Huawei said last week it had sold more than 200 million phones globally in 2019, 64 days earlier than in 2018. The company’s profits have remained resilient and revenue jumped 27 percent in the third quarter.

The Chinese smartphone market contracted by 3 percent in the third quarter, and Huawei smartphones made up 41.5 million of the 97.8 million shipped in the period, Canalys said.

Apple and Xiaomi did not have an immediate comment on the Canalys data. Huawei and Oppo declined to comment, while Vivo said it does not comment on third-party reports.

Apple launched its latest iPhone 11 range in China in September to tepid responses on social media, but shoppers have warmed to the model’s additional cameras and cheaper pricing.

Related topic:
Huawei
Apple Google
Click to comment

Comments

Comments Policy

Related News

Huawei gets another 45 days to do business with US companies

Seeds For The Future 2022

Huawei inaugurates ‘Seeds For The Future 2022, Bangladesh’

Huawei denies US allegations of technology theft

Huawei says US ban hurting more than expected

MateBook D series

Huawei unveils MateBook D14, D15 in Bangladesh

|বাংলাদেশ

বাংলাদেশে সুষ্ঠু নির্বাচনে বাধাদানকারীদের বিরুদ্ধে ভিসা নিষেধাজ্ঞা আরোপে আজ থেকে ব্যবস্থা নিচ্ছে যুক্তরাষ্ট্র

ভিসা নিষেধাজ্ঞার আওতায় পড়া ব্যক্তিদের পরিবারের সদস্যরাও এর অন্তর্ভুক্ত হতে পারেন। 

১ ঘণ্টা আগে
|বাংলাদেশ

বিক্ষোভ করায় টিআরজেড কর্তৃপক্ষের মামলা, গ্রেপ্তার আতঙ্কে পালিয়ে বেড়াচ্ছেন শ্রমিকরা

১২ মিনিট আগে
Please Click on allow
The Daily Star
Journalism without fear or favour
  • About Us
  • Contact Us
  • Apps
  • Comment Policy
  • RSS
  • Sitemap
  • Advertisement
  • Newsletter
  • Privacy Policy
  • Conference Hall
  • Archives
© 2023 thedailystar.net | Powered by: RSI LAB
Copyright: Any unauthorized use or reproduction of The Daily Star content for commercial purposes is strictly prohibited and constitutes copyright infringement liable to legal action.
X