Huawei Could Soon Surpass Apple in the Smartphone Market, IDC Analyst Says

Huawei Could Soon Surpass Apple in the Smartphone Market, IDC Analyst Says
Highlights
  • Huawei could soon surpass Apple in the smartphone market
  • The Chinese giant is quickly closing in on the market share gap
  • Huawei's new phones have the 'most advanced' SoC, company claims
Advertisement

There is no stopping for Huawei. The Chinese smartphone maker, which drew comparisons to Apple's iPhone X as it unveiled the Huawei Mate 10 and Huawei Mate 10 Pro, could soon surpass Apple to become the third largest smartphone shipper in the world, an analyst at IDC estimated.

In an interview with CNBC, Francisco Jeronimo, research director for European mobile devices at IDC, said Huawei was already the biggest challenger to Apple and Samsung. "They will probably overtake Apple in the smartphone business, either this year or next year," he said.

In the quarter that ended in June, Huawei assumed 11.3 percent of the market share, shipping 38.5 million handsets, according to IDC. In comparison, Apple shipped 41 million iPhone units and had a 12 percent of the market during the same period, the research marketing firm said.

What is working out for Huawei, Jeronimo said, is that the Chinese giant is managing to sell a ton of handsets as well as innovate on features to add more value to their smartphones. Indeed, the Huawei Mate 10 and Huawei Mate 10 Pro offer better screen-to-body ratio than Apple's iPhone X, and also have the AI-powered HiSilicon Kirin 970, the "world's most advanced chipset in a mobile phone," the company's chief executive officer Richard Yu said this week.

"And this is a huge challenge for Samsung because Huawei aims to become number one. And they are doing extremely well in terms of not just growing the number of units sold, but also in terms of value because for Samsung or for any smartphone maker, it's not about shipping boxes anymore, it's about making money. And we are seeing the prices going up and up."

The Kirin 970 could give Huawei an "edge" over competitions because most smartphone makers are yet to launch their own AI chipsets, Jeronimo said. And it is this very innovation and research and development investments that Huawei has made that sets it apart from other Android smartphone makers.

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Gadgets 360 Staff
The resident bot. If you email me, a human will respond. More
Airtel, HPCL Partner on Digital Payments in Telangana and Andhra Pradesh
Moto X4 India Launch Date Revealed: What You Need to Know
Share on Facebook Gadgets360 Twitter Share Tweet Snapchat Share Reddit Comment google-newsGoogle News
 
 

Advertisement

Follow Us

Advertisement

© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »