Thursday, 18 October, 2018

OnePlus tops premium smartphone market in India beating Samsung and Apple

OnePlus 6 sales helped OnePlus beat Samsung in India’s premium market 15% revenue growth is great for most – but it's piddling if you're Huawei
Kayla Schwartz | 03 August, 2018, 20:21

While the total smartphone market declined 1.8% in the second quarter of 2018, Huawei's market share increased to 15.8%, reflected in 54.2 million smartphone shipments in the quarter and a whopping 41% jump over previous year.

Huawei shipped 54.2 million smartphones in Q2 2018, IDC reports, giving the Chinese firm a record-high worldwide market share of 15.8 percent. Overall, the market saw yet another decline, though IDC believes it will eventually bounce back.

For fast-growing Huawei, the quarter sales marked a 40 percent year-over-year gain.

The premium smartphone segment grew by 19 per cent in the June quarter of 2018 compared to the year-ago period, according to Counterpoint Research.

For a while now the general trend for smartphone manufacturers has been downward but with IDC releasing the results for the second quarter of 2018 it seems that Huawei and OPPO are setting record results.

If companies like Huawei, Xiaomi, OPPO, and others want to generate a significant amount of revenue, then they will need to come to an agreement with the US government and the four major carriers to allow them to sell their handsets officially in the country.

Trump rallies support for gubernatorial hopeful in Tampa
With DeSantis surging in the polls ahead of Commissioner of Agriculture Adam Putnam , it appears that faith is well-placed. Scott didn't attend the rally but joined the president earlier at a roundtable event.

Increasing brand recognition is enabling Huawei to challenge Samsung in many price segments, IHS' Schneemann said.

According to Canalys' data, Huawei shipped 54.2 million handsets last quarter, which is up 41% year-over-year.

IDC said the reason for Huawei's latest success was due to the company's Honor brand.

The findings from Canalys were echoed by another research agency Counterpoint, which also indicated in a Wednesday report that Huawei has surpassed Apple to become the second largest smartphone brand in the past quarter with similar shipment figures to those posted by Canalys. Despite this, the company still managed to grow 5.1% over past year as it continued its expansion into other markets such as the Middle East & Africa. LG, however, while not on the level of Samsung when it comes to small OLED displays features and production capacity, is still way ahead of the game from the distant third, so it will easily find a market from every phone maker that isn't Samsung.

In a conference call with reporters Tuesday, Apple CEO Tim Cook noted that the iPhone X has been the top-selling iPhone since its launch.

"Honor, which is already strong in the e-commerce segment, is now adopting a multi-channel strategy through branded stores in the southeast Asia market".

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