Huawei’s march seems really unstoppable, and neither the emergency coronavirus and US sanctions prevented the Chinese giant from overcoming Samsung and hoisting first as a world smartphone manufacturer.
In fact, in the second quarter of 2020, Canalys reports that Huawei delivered a total of 55.8 million devices, 5% less than in the same period of 2019. But Samsung had a much worse performance: 53.7 million smartphones and a percentage decrease of as much as 30%.
In a world context dramatically impacted by Covid-19, domestic markets are above all supporting sales. It is easy to imagine the enormous potential expressed in this sense by China.
Huawei is still subject to restrictions of the US government, which have stifled his activity outside mainland China. Its foreign shipments decreased by 27% in the second quarter. But it has grown to dominate its domestic market, increasing its Chinese shipments by 0.2% in the second quarter, and now sells over 70% of its smartphones in mainland China. Without a doubt, China was the first nation affected by the coronavirus, and the first to restart, allowed domestic demand to remain high.
The Canalys analyst Mo Jia stressed the importance of this result for Huawei, but at the same time warned that the Chinese producer is likely to be able to maintain this position even in the medium term: the recovery of the global economy is beginning to become felt, For this reason, continues the analyst, Huawei is trying to obtain the highest possible consensus and confidence of Chinese consumers and partners, to ensure a more solid basis possible at least in the internal market.
The US-China trade war, of which Huawei is one of many fronts, also has the spectre of the US presidential election in November. The election result could also be of decisive importance for Huawei’s future