Huawei widens lead over competition in China's smartphone market
India, Feb. 15 -- Huawei Consumer Business Group widens the lead over competition in China's smartphone market. According to the International Data Corporation Worldwide, Huawei's smartphone shipments ranked first, with the market share reaching up to 29% in Q4 2018. The company recorded a growth of 23.3% in its shipments over the same period last year.
According to Counterpoint Research's recent Market Pulse December 2018 report, Huawei almost doubled its market share (10%) in the premium segment growing 97% YoY with strong performance by the P20 and Mate 20 series. In China alone, the company captured 25% market share, recording a 16% year-on-year growth.
Huawei has become number two smartphone brand in the world. From a product persp...
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