Huawei beats Apple to become second-largest smartphone maker

OnePlus 6 sales helped OnePlus beat Samsung in India’s premium market

It points out that the arrival of Huawei in the second position marks the first quarter since 2Q10 where Apple has not been the number one or two smartphone company in terms of market share. "The importance of Huawei overtaking Apple this quarter can not be overstated", Canalys senior analyst Ben Stanton said in a release. Many companies have tried to rise above the likes of Apple and Samsung only to drop off the map later. Huawei has pushed into Europe and Africa, though it's failed to crack the massive USA market.

Huawei's success follows its stated ambition to ship 200 million handsets to both domestic and global markets in 2018 after shipping 100 million phones as of July 18, the fastest pace of shipments the Chinese company has seen in years.

The Chinese smartphone maker now occupies second place among the world's smartphone vendors, leaving Apple (aapl) to tumble into third position - the first time it has been there for seven years. It's for the first time, Huawei has crossed Apple to move on to the second spot based on the global market share.

Huawei has leapfrogged Apple to become the world's second biggest smartphone maker during the second quarter of 2018.

"Huawei with its Honor brand is offering a broad and recently refreshed portfolio at affordable prices that is driving growth in the overseas market".

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While Apple had a very respectable three months ending in June, selling 21.3 million iPhones, raking in $29.9 billion of a record-breaking $53.3 billion revenue, reports have Chinese Huawei managing to sell 54.2 million units during the same period. Smartphone Company HighlightsSamsung once again remained the leader in the worldwide smartphone market despite a 10.4% decline in shipments from past year.

Huawei's result is a 40.9 percent year on year improvement and is an excellent result in a very competitive and yet sluggish market with the year on year change for the overall market down 1.8 percent.

Apples troubles are partly because the iPhone 8 and iPhone X are getting old (new models coming soon) and because of the higher duty tax (which was raised to 20% on April 1). Despite their market share declining 10.4 percent in shipments from past year.

But Huawei devices are available in the United Kingdom and we loved the company's latest flagship, the P20 Pro, when we reviewed it back in April. Shipments of Honor-branded smartphones outside of China skyrocketed 150% over previous year to 4 million.

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