Earlier this year, Chinese technology company Huawei topped the smartphone market with Apple topping the second position. According to market researchers, more than 50 percent of the current period has been growing compared to the previous year. On Tuesday, market research firm IDC and Counter Point released a new report.
It is said in the report that Samsung is still in the market of smartphones, while South Korean company Samsung holds the top position. Huawei, however, quickly reduced the gap between market share with Samsung. IDC vice president Ryan Reith said that Apple’s sales have fallen much earlier than before.
It can be seen to decrease by almost 30 percent. Huawei has reached the second position in the first quarter of the year. He said Huawei now has about 19 percent share in the global smartphone market. It is still the record for Huawei’s highest market occupation.
In the first quarter of the year, Huawei’s 51 million 91 million units of smartphones have brought Apple 4 million to 20 million units of phone Apple has introduced the benefits of offering iPhone to Chinese customers without interest payments through Huawei, an affiliate of Antibes controlled by eBay-based e-commerce giant Alibaba.
Apart from the financial services, Apple has signed contract with China Construction Bank Corporation, China Merchants Bank Company Limited, Agricultural Bank of China Limited and Industrial and Commercial Bank of China Limited. Huawei leads the Chinese smartphone market The company is moving forward with the goal of supplying more expensive smartphones to the local market, although some marginal devices are available in the market.
The company has set a goal to outsmart Apple-Samsung in China’s high-end device market. Technology company Apple will be the most affected due to low supply of smartphones in China Because the US company created the most important market in China, China Apple’s revenue decreased from the sale of iPhones in the meantime, reducing some marginal supply in the market.