Huawei, Apple gain bigger share of shrinking China smartphone market

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Huawei, Apple gain bigger share of shrinking China smartphone market
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Huawei Technologies [HWT.UL] 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.

) 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.

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%. Overall smartphone shipments in China totalled 97.6 million units, a 7% decrease from the year prior. Next generation 5G smartphones made up almost half of the phones shipped in the second quarter, with 39 million units sold, up 260% from the prior quarter.

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