Apple has been touted as the second highest selling smartphone company in the world but Chinese giant Huawei was not that far from beating the highly coveted American brand. Apple sold 41 million smartphones in the last quarter while Huawei was not that far off as they shipped at least 38.5 million smartphones.
Counterpoint Research indicated that the gap between the two smartphone brands is smaller than ever and Huawei was very close to matching Apple’s sales figures. Apple is currently the world’s No.2 phone seller in terms of volume and Huawei is not too far behind at the third spot. Huawei is a very popular smartphone brand in China and also has a huge presence in Europe which resulted in the company selling 38.5 million phones in the same period, Counterpoint Research reported earlier this week.
Huawei has seen a 20 percent increase in smartphone sales whereas Apple has seen a growth of 2 percent in the last quarter. Both companies have very little to worry about, however, Samsung is still the leader when it comes to selling the most smartphones in terms of volume. Apple accounted for 80 percent of smartphone profits in 2016 while brands like Huawei and Oppo are becoming the market leaders in the Chinese market.
Oppo and Xiaomi are two other Chinese smartphone brands that have grown considerably in the past year. Xiaomi has various businesses in India that are worth $1 billion dollars and the Chinese giant has sold over 23 million units in the same quarter.
Samsung is till dominating the market with over 80 million in phone sales last quarter and will probably remain on top for the rest of the second quarter. LG, the other South Korean smartphone manufacturer has only managed to sell 13.3 million phones and has seen a decline in sales in the same quarter.