Huawei tightens China market hold with 42% share at expense of iPhones: Canalys

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Huawei tightens China market hold with 42% share at expense of iPhones: Canalys
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Huawei Technologies captured a record 42% of China's smartphone market in t...

SHENZHEN, China - Huawei Technologies captured a record 42% of China’s smartphone market in the third quarter as local consumers rallied behind it after U.S. sanctions, leaving Apple to languish towards the bottom of the pile, market data showed.

The July-September quarter marked the iPhone’s weakest sales in China in five years, said Nicole Peng, vice president of mobility at Canalys, with shipments likely down more than a quarter. The company was then granted a reprieve until November but the blacklisting pushed up patriotic purchases of its smartphones in China, helping it more than offset a shipments slump in the global market.

“This puts significant pressure on Oppo, Vivo and Xiaomi, which find it very hard to make any breakthrough.” The Chinese smartphone market contracted by 3% in the third quarter, and Huawei smartphones made up 41.5 million of the 97.8 million shipped in the period, Canalys said.

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