According to the latest report from the market tracker Omdia, the Chinese tech giant Huawei is coming back on track in terms of smartphone business. covered a 15.6 market share by selling 7.4 million smartphones in the April-June period.
Huawei recorded 7.4 million shipments in 2Q23, up 15.6% from the 6.4 million it recorded in both 1Q23 and 2Q22. This comes after seeing two-quarters of shrinking shipments in 4Q22 and 1Q23, following a year of growth from 4Q21 to 3Q22.
Overall, Huawei is performing well against very tough market conditions and competition. It’s in a much stronger place now versus a year ago, however without the rights to produce smartphones with 5G, there will be a ceiling to this growth.
Meanwhile, Samsung ranked first with a 20% market share by selling 53.3 million smartphones in Q2 2023.