And now it aims at the first place occupied by Samsung
News of the overtaking of Apple by Huawei in the world ranking of smartphone manufacturers. Now the Chinese giant is in second place behind Samsung, down about 5 percentage points. Despite the scandals that involved it in the US and Europe, it increased its turnover by 50% compared to last year, remaining the only producer in the top 4 to have such long-lasting growth.
The strength of Huawei is the Chinese market, which has long dominated by dubbing both Apple and Samsung. However, the Korean rivals are recovering after a slight decline thanks to the great success of the Galaxy S10 and A. The company of Tim Cook, for its part, faces a very difficult period and records a 30% drop compared to a year ago. The reason is the questionable prices, design choices and software along with a lack of innovative ideas.
Huawei's P30 range seems to have been well received by the public, especially at home, and further growth margins are expected for the Chinese company. If Samsung should start to worry, we will see it already in the next fiscal quarter.