Huawei tops China handset market, Xiaomi slips to 5th spot in Q4

Jan 29, 2020
Beijing: Telecom and smartphone giant Huawei extended its dominance in the China market in the fourth quarter of 2019 with a massive 39 per cent market share and 33.3 million unit shipments while Xiaomi slipped to fifth spot with a mere 8.1 million shipments and 9.5 per cent slice of the pie, Singapore-based market research firm Canalys has revealed.

For the calendar year 2019, Huawei had an impressive 142 million shipments in the domestic market — a 35 per cent growth over 2018.

Oppo with 65.7 million and Vivo with 62.7 million were the other two shipment leaders for the full year 2019. Xiaomi with 38.8 million and Apple with its 27.5 million completed the top-five list for 2019.

In the fourth quarter (October-December period), Oppo retained the second spot with 14 million units shipped and a 16.4 per cent market share.

Vivo grabbed the third spot with 13.1 million shipments and 15.4 per cent market share, followed by Apple at the fourth place with 10.1 million sales and 11.8 per cent market share.

Xiaomi with 8.1 million shipments, got 9.5 per cent slice of the pie.

Notably, all these major original equipment manufacturers (OEMs) had significant declines compared to the Q4 2018 values.

Total smartphone sales for 2019 came out to 369 million units which is a 7 per cent down on a yearly basis.

Meanwhile, in a breather to the Chinese telecom equipment and smartphone giant Huawei, the Pentagon has blocked the Commerce Department-backed ban on sales that make it harder for US-based companies to sell equipment to the handset maker, the media has reported.

The US Department of Commerce had put Huawei on the “entity list” in May 2019, thus, preventing US firms from conducting business with the company unless they obtain a specific license, citing national security concerns with the Chinese telecommunications giant.

The UK has also decided to let China’s Huawei continue to be used in its 5G networks but with restrictions, including banning its equipment in the network’s “sensitive parts”, like the core, and capping the presence of its kit in the network’s periphery to 35 per cent. IANS

SEBI mulls advisory on risks from next gen AI tools

Mumbai: Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey said on Monday that the market regulator will shortly issue an initial advisory on risks from next‑generation artificial...

AI trade behind FPI outflows from India as AI stock overvaluation concerns linger

New Delhi: As long as the artificial intelligence (AI) trade continues, the trend of foreign portfolio investors (FPIs) outflows from India is likely to continue, analysts said on Sunday. A...

Gold dips 0.81 pc this week over waning hopes of Fed rate cuts

New Delhi: Gold prices dipped 0.81 per cent during the week as negotiations between the United States and Iran stalled, denting hopes for near‑term interest‑rate cuts.   On Friday, MCX...

98.47 pc of Rs 2,000 notes returned since withdrawal announcement: RBI

Mumbai: The Reserve Bank of India on Friday said that 98.47 per cent of the Rs 2,000 denomination banknotes in circulation have been returned, nearly three years after it announced...

India’s new strategic maritime hub takes shape at Great Nicobar

New Delhi: The Great Nicobar Project, work on which is underway, aims to transform the Great Nicobar into a strategic maritime and economic hub by leveraging its proximity to the...

Commercial LPG cylinder rates hiked by Rs 993, no change for household gas consumers

New Delhi: The price of a 19-kg commercial LPG cylinder has been increased by Rs 993, starting Friday, and after the revision, a 19-kg cylinder will now cost Rs 3,071.5...

India Posts Payment Banks launches zero-balance SHG savings account with Rs 2 lakh limit

New Delhi: India Post Payments Bank (IPPB), an entity under the Department of Posts, on Thursday launched a zero-balance Self Help Group (SHG) savings account with a maximum balance limit...

Rupee slips past 95 against US dollar amid crude spike

Mumbai: Domestic currency weakened past the 95-per-dollar mark to hit a record low on Thursday, pressured by a sharp rise in global crude oil prices amid escalating tensions between the...

Global crude oil prices extend rally amid US blockade fears on Iran

New Delhi: Global crude oil prices extended their upward momentum on Wednesday amid reports that the United States is likely to continue its blockade of Iranian ports, raising concerns over...

Libya oil discovery reflects growing global footprints of Indian energy firms: Govt

New Delhi: The government on Tuesday said the recent oil and gas discovery in Libya by Indian oil marketing companies (OMCs) -- Oil India Limited (OIL), and Indian Oil Corporation...

India, New Zealand sign historic Free Trade Agreement

New Delhi: India and New Zealand signed a historic Free Trade Agreement (FTA) here on Monday that removes tariffs on 100 per cent of India’s exports to New Zealand, and...

Gold, silver see muted trade amid Iran-US de-escalation hopes

Mumbai: Gold and silver prices traded on a flat note on Monday amid a rise in crude oil prices and reports of a fresh proposal by Iran to end the...

Read Previous

Samsung Galaxy A51 launched in India for Rs 23,999

Read Next

Coronavirus: IndiGo, AI suspend some flights to China, HK

WP2Social Auto Publish Powered By : XYZScripts.com