Troubled Times Ahead for Huawei Smartphones as Trade War Bites Deep

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By David McQueen | 4Q 2020 | IN-5949


Major Smartphone Vendors Show Signs of Resilience in COVID-19-Affected 2Q 2020 Results


With a despondent backdrop of the COVID-19 pandemic and the U.S.-China trade war, the smartphone market was remarkably resilient in 2Q 2020. Although global shipments were heavily impacted and dropped 17% Year-on-Year (YoY), there was a small uptick Quarter-on-Quarter (QoQ) as global sales were estimated at 281 million units. Samsung and Huawei lead the market, shipping around 54 million units each in 2Q 2020, both experiencing YoY declines. They were followed by Apple, which managed to keep shipments relatively flat YoY and QoQ at 38 million units, with Chinese vendors Xiaomi and OPPO completing the top 5 vendor roster for the quarter.

Huawei Fighting Hard to Keep Its Place at the Top Table as New U.S. Trade Sanctions Begin


On the face of it, there seems much to be optimistic about in the smartphone market as countries start to emerge from the pandemic, gradually witnessing supply chains, buyer behavior, and demand returning to some sort of level of normality. With the imp…

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