Huawei Ranked Position Two Smartphone Vendor Globally Outshining Apple

By Soko Directory Team / Published August 3, 2018 | 6:52 am

Huawei Consumer Business Group (CBG) overtook Apple in the second quarter of 2018 to become the number two smartphone vendor globally for the first time.

According to International Data Corporation (IDC) Worldwide, Huawei earned 15.8 percent market ahead of Apple at 12.1 percent.

The entry of Huawei in the second position marks a turning point for the smartphone industry as it delivered shipments of 54.2 million units with a record high market share of 15.8 percent.

Huawei has recorded a 41 percent year-on-year growth leaping ahead of the other two brands globally during the same period last year.

Huawei is leading the innovation space in the smartphone industry. It is important to highlight that the company is the 6th biggest spender in R&D globally, with $45 billion spent over the last 10 years and a whopping $12 billion last year only.

The company introduced another 4G model above 100USD in the market named Y5 Prime 2018 as part of the company’s efforts to deliver quality budget-friendly model in Kenya.

The company launched its budget-friendly smartphone Y5 Prime 2018, that has 2G RAM+ 16G ROM, 13MP rear camera, and 4G LTE, is designed especially for the young generations who are looking for faster experience, a chic big screen and more value. The latest device in the market has attracted a strong demand from consumers within a month of its launch.

Huawei continues to showcase its commitment to innovation and customer service with the release of its “GPU Turbo” technology that allows users to effortlessly upgrade their devices and enjoy much-improved devices for an ultimate gaming experience at no cost.

About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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