Huawei Takes Apple in Smartphone Market Share

Chinese electronics giant Huawei has surpassed Apple to become the No. 2 smartphone vendor worldwide, according to new statistics from the International Data Corporation (IDC).

Huawei is the only smartphone maker in the top three that saw an increase in shipments in the first quarter of 2019. The company saw year-over-year growth of 50.3% in the first quarter and claimed 19% of the worldwide market share, IDC reported. 

That puts the company in a strong position to eventually overtake Samsung as the top smartphone vendor and places it ahead of Apple. Smartphone shipments dropped by 30.2% for Apple in the first quarter of 2019 compared with the same period one year ago, according to IDC. 

Apple holds 11.7% of the worldwide market share as of the first quarter of 2019, while Huawei now claims 19%. That represents a significant change from the first quarter of 2018, when Apple accounted for 15.7% of the worldwide smartphone market share and Huawei claimed just 11.8%. 

Samsung saw its volumes drop by 8.1% in the first quarter of 2019, although it still holds the top spot with 23.1% of the global smartphone market.

Source: Business Insider