Huawei rises to become world’s second largest smartphone manufacturer says IDC

Market intelligence firm International Data Corporation (IDC) has just announced the latest business results for the first half of 2018 amongst the world’s largest smartphone vendors in their Worldwide Quarterly Mobile Phone Tracker report with Huawei gaining significant inroads in terms of market share and devices shipped.

In the report, Huawei has been, by dint of their prodigious shipping volumes of smartphones and growth in market share been bumped up to second position, supplanting Apple who got bumped down to third position. Samsung still remains in pole position as the world’s largest in terms of shipments and market share.

Globally, according to the report, vendors shipped 342 million phones across all price categories and variants in the second quarter of 2018. Huawei shipped 54.2 million units and has a market share of 15.8% in that period of time. Other interesting highlights by Huawei include 9 million P20 series phones, 10 million Mate 10 series phones and over 50 million nova series phones shipped globally to date with the company currently operating over 53,000 Huawei stores and 3,500 Huawei Experience stores across the planet. Another interesting factoid that Huawei was keen to share is that their wearables range experienced 147% increase year-on-year growth.

Richard Yu, CEO of Huawei Consumer Business Group, said, “The past six months have been incredible for Huawei CBG, marked by robust growth of our business across all markets and product lines. Our success is owed to our commitment to innovation and, most importantly, our customers. Moving forward, Huawei will remain focused on continually improving our offerings with an emphasis on on-device AI, cloud and the wider Huawei ecosystem.” Other heavy hitters slightly lower down the totem pole are Apple at third and up and coming giants Xiaomi and OPPO. For more details swing by the official IDC report here.

Source: IDC