Huawei overtakes Apple to become the world’s second-largest smartphone maker

India premium market share courtesy Counterpoint Research

Leading the pack, as usual, is Samsung, with 20.9 percent of the global market and shipments of 71.5 million handsets in the last quarter.

The Chinese smartphone maker now occupies second place among the world's smartphone vendors, leaving Apple (aapl) to tumble into third position - the first time it has been there for seven years. Huawei, meanwhile, shipped some 54.2 million handsets, according to preliminary IDC data.

Data from Canalys, which estimates industrywide smartphone shipments in China topped 100 million in the second quarter from 91 million in the first, shows Huawei grew its share of the home market by 6 percentage points on the year to a record 27 per cent.

If companies like Huawei, Xiaomi, OPPO, and others want to generate a significant amount of revenue, then they will need to come to an agreement with the US government and the four major carriers to allow them to sell their handsets officially in the country.

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It was bad news for the smartphone market as a whole, which saw a third consecutive quarter of year-over-year declines.

IDC writes that Huawei's success can be attributed to its dominance in the Chinese market and the release of new technologies such as the GPU Turbo. OnePlus entered the Indian smartphone market in December 2014, and in less than four years, the company now leads the premium segment.

"The continued growth of Huawei is impressive, to say the least, as is its ability to move into markets where, until recently, the brand was largely unknown", IDC analyst Ryan Reith said in a statement. Samsung, which ranked first, shipped over 73 million units. It shipped nearly 13 million more handsets than Apple, which slipped to third place on the list.

Huawei's introduction of new top-end features into its flagship smartphones has allowed the firm to gain brand recognition in Europe and Asia, according to IHS Markit. At the same time, Xiaomi, OPPO, and vivo are all slowly pushing their customer base upstream at a price tier slightly lower than the top three. Apple falls into the #3 spot, with Huawei at #2 and Samsung holding fast to #1. The figure is close to Apple's 215.8 million total 2017 shipments and 130.6% of Huawei's 2017 annual figure, calculated from a 2017 IDC report. "In addition to this, models such as the iPhone 7 and 7 Plus are also losing steam", said Stanton, adding that an uptick in iPhone 8 and 8 Plus, helped in part by the Product Red campaign, was enough to offset this trend.

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