Huawei is crushing rivals like Apple in China's smartphone market
Huawei's smartphone shipments in China soared 31% in the second quarter, according to research published Tuesday by Canalys.
Apple’s shipments declined 14%, while shipments from Chinese competitors Oppo, Vivo and Xiaomi also tumbled.Richard Yu, CEO of Huawei's consumer business, speaks as he presents the P30 series smartphone during a launch event in Paris.
"Huawei's addition to the United States Entity List caused uncertainty overseas, but in China it has kept its foot on the accelerator," said Canalys analyst Mo Jia. "Its core strategy remains investing in aggressive offline expansion, and luring consumers from rival brands Oppo and Vivo, while unleashing a wave of marketing spend to support new channels and technologies."
Huawei now captures 38% of market share in China, according to Canalys. The research, published Tuesday, found Huawei's global mix has "shifted back toward China" as it faces growing scrutiny and trade barriers from the U.S.a 23.2% year-over-year increase in revenue for the first six months of 2019 year despite facing political headwinds.that required companies to receive special licenses to sell or transfer technology to Huawei.
U.S. officials argue Huawei's technology could pose a national security risk by opening a backdoor for Chinese spying. They point to
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