Reuters news agency reports that China’s Huawei Technologies overtook Apple Inc to become the world’s second-biggest smartphone seller in the June quarter, data from market research firms showed, as it gained ground in Europe and expanded its lead back home.
According to the report, Huawei on Tuesday said overall it had raked in 15 percent higher revenue in the first six months of 2018, steady at levels seen a year ago.
The report also states that IHS and Strategy Analytics shows that Huawei grabbed more than 15 percent of the global smartphone market over April-June, overtaking Apple’s roughly 12 percent and just behind Samsung Electronics Co Ltd’s nearly 20 percent share.
Reuters’ full report is found here.
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