Huawei smartphone shipments in China plunge by half in Q1: Canalys
SHANGHAI (Reuters) - China's Huawei Technologies Co Ltd, once the world's biggest smartphone maker, saw its phone shipments to retailers and other sellers within China plunge by half in the first quarter, as U.S. sanctions on its supply chain crimped expansion even as the overall smartphone market rebounded.
The company shipped a total of 14.9 million handsets within China in the quarter ending in March, down from 30.1 million in the same period last year, according to research firm Canalys.
Its market share also dropped to 16% from 41% a year ago, becoming the third largest after fellow Chinese brands Vivo and Oppo.
Vivo and Oppo saw their shipments grow 79% and 65% respectively, as they gained market share from Huawei. Vivo shipped 21.6 million units in the first quarter, while Oppo shipped 20.6 million.
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The company shipped a total of 14.9 million handsets within China in the quarter ending in March, down from 30.1 million in the same period last year, according to research firm Canalys.
Its market share also dropped to 16% from 41% a year ago, becoming the third largest after fellow Chinese brands Vivo and Oppo.
Vivo and Oppo saw their shipments grow 79% and 65% respectively, as they gained market share from Huawei. Vivo shipped 21.6 million units in the first quarter, while Oppo shipped 20.6 million.
...
Read More on Datafloq
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