Richard Yu, CEO of the Huawei Consumer Company, talks as he introduces the P30 series smartphone during a launch event in Paris.
Marlene Awaad | Bloomberg | Getty Images
Apple and Samsung reported declining smartphone sales in the first quarter of this year, but Chinese tech giant Huawei deviates strongly from the trend.
Huawei's smartphone shipments increased 50% in the first quarter compared to the first quarter of this year in the same period last year, while Apple iPhone shipments fell 30%, according to new data released Tuesday Research firm IDC were released. Samsung shipments fell 8% year-over-year.
The new figures show that Huawei has captured a 1
"This new ranking from Samsung, Huawei and Apple is very likely what we'll see when everything is said and done in 2019," said Ryan Reith, vice president of the IDC program in his report.
Huawei first In 2018, Apple surpassed market share, but first-quarter numbers show a much wider spread between the two technology giants than previously reported. IDC attributed Huawei's growth to a "rounded portfolio with all segments from low to high".
Apple's iPhone sales were hit by weak demand in China and longer renewal cycles. Apple CEO Tim Cook was positive in his assessment of the Chinese market on Tuesday, but the company still posted a 22% decline in sales in the region in the March quarter.
Separate data released by research firm Canalys on Tuesday showed that Huawei 34 captured% of the Chinese smartphone market, an increase of shipments of 41% over the previous year. The company said Huawei has gained ground among Chinese consumers by increasing its investment in brick-and-mortar stores and opening up China's rural areas.
Huawei's consumer goods business has shown impressive growth despite the growth in business segments worldwide. US officials have advised Americans not to use Huawei's products or services, and they have pressured allies to outlaw the company's 5G telecommunications equipment, with the security risk that the technology could carry out Chinese espionage in some form of espionage or providing data to the Chinese government. Some experts are skeptical of these assurances and point out Chinese laws that allegedly encourage companies to help the country gather information when Beijing requests it.
Shobhit Srivastava, research analyst at Counterpoint, said of Huawei in a report released on Tuesday. The smartphone market is particularly notable as the company has no significant presence in the US. According to the company, Huawei is able to outperform Apple due to the "pace of its innovation," adding that it was the first company to introduce functions such as reverse charging with a wireless charger. 19659013]