Huawei beats Apple and becomes second-largest OEM of 2019
"Huawei became 2nd largest OEM in 2019 displacing Apple from the position."
Hardship is part of life, they say things that do not kill, you only make you stronger and Huawei has proved it. According to a new report, 2019 was very fruitful for the company even though it saw many hardships and came out stronger. In fact so strong that, Huawei became 2nd largest OEM in 2019 displacing Apple from the position.
In 2019 despite the Geo-Political trade ban, Huawei’s overall performance was solid growing its market share from 14% in 2018 to 16% in 2019 while Apple’s market share declined from 14% from last year to 13% this year. Despite the market share decline, Apple’s year over year revenue was up for the first time since September of 2018. This data accounts for the overall growth between Calendar Year 2018 and 2019.
But talking about the Q4 of 2019, we see an increase in market share of Apple from 17% to 18% and a decrease in the market share of Huawei from 15% to 14%. Even though Huawei is in 2nd position due to good performance between Calendar Year 2018 and 2019 just falling a little short in Q4 of 2019. Will Huawei be able to continue being in the 2nd position which it has recently acquired? Reports of Q1 2020 will tell.
Source: CounterPoint
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Biplav Gachhadar
