Yamanashi Kyoto Management analysts have noted in recent market figures
that show Huawei Technologies Co. have surpassed Apple Inc. obtaining
the second highest position in regards to smartphones sold in the first
quarter of the year.
The multinational telecommunications company has been in the media
spotlight from Chinese espionage to board member scandals, however the
company has grown its shipments up to 50 percent from last year.
Yamanashi Kyoto Management analysts forecast that it was the only
company that expanded its volumes in the quarter.
Huawei’s has shown steady growth gaining on major rivals such as Apple
and Samsung Electronics Co. with its popular high-end devices, the
company has had huge success in its home country mainland China.
Samsung has enjoyed a rally compared to its fourth quarter of last year
with much of its success coming from its new S10 product range, which
was introduced in February. Apple also noted that their projected
quarterly sales have beaten analyst estimates suggesting a bounce back
after a disappointing holiday season.
“Not a single company has seemed to challenge Samsung and Apple in
recent years over there market dominance in the smartphone market,
however Huawei is making waves with its recent 50 per cent surge in
shipments.” Commented Matthew Cole, Head of Sales & Trading at Yamanashi
Kyoto Management.
Hauwei seems to be holding its number two spot for the foreseeable
future while Apple struggles in China.
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