Huawei narrows gap with Samsung, Apple in global smartphone salesMay 23, 2017 - 15:26 AMT PanARMENIAN.Net - China's Huawei [HWT.UL] has narrowed the gap with its two biggest competitors Apple Inc. and Samsung Electronics in global smartphone sales, first-quarter data from research firm Gartner showed on Tuesday, May 23, according to Reuters. The Chinese network-to-consumer-electronics builder increased its market share to 9 percent during the first quarter from 8.3 percent in the year-earlier period. "Huawei has now steadily held the third spot in the worldwide ranking of smartphone vendors," Anshul Gupta, research director at Gartner, said in a statement. "However, pressure is mounting as its counterparts in China are catching up." Chinese vendors Oppo and Vivo grew their shares of the market to 8.1 and 6.8 percent respectively, helped by aggressive marketing and sales promotions, posing a threat to both Huawei and Apple in China, where Oppo is the No. 1 smartphone seller. Samsung Electronics kept its top spot but saw its market share shrink to 20.7 percent from 23.3 percent as it continued to feel the impact of its costly Galaxy Note 7 recall last year after several devices spontaneously caught fire. "Although Samsung announced that pre-orders for the Galaxy S8 and S8 Plus are up 30 percent year on year, the absence of an alternative to Note 7 and the fierce competition in the basic smartphone segment are leading Samsung to continuously lose market share," Gartner's Gupta said. Apple's market share dropped to 13.7 percent from 14.8 percent. The first quarter of the year is Apple's weakest when sales dip after the holiday-heavy fourth quarter. Customers are also holding back on buying iPhones in anticipation of new models that will be launched later in the year. Overall, 380 million smartphones were sold during the first quarter, 9.1 percent more than in the year-earlier period. Photo: Huawei Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. |