Ming-Chi Kuo, an analyst at TF International Securities, predicts in a new research report that Huawei can anticipate to ship out 230 million products in 2019, a bit lower than their previous estimates of 260 million. Ming-Chi Kuo also expects Huawei’s mobile smartphone shipments in 2020 to be same to 2019 general when it ships to volume, but the interesting part ships right when that.
The analyst goes on to predict in the report that Huawei’s market share in the Chinese market will increase from 35-40% in 2019 to 45-50% in 2020. This essentially means he expects Huawei to be in control of half of the Chinese market, and that this may just be abundant to a bit offset the declining international income of the company.
Ming-Chi Kuo goes on to say that Huawei is expected to adopt 2 strategies in 2020 to reduce the potential recession risk in the international market. First of all, he expects Huawei to make a greater push towards providing older devices overseas. According to him, the older products are presently Google certified, so they’ll retain Google programs and Android updates.
The second strategy is attempting to control a bigger share of the Chinese market. As we’ve presently pointed out, Ming-Chi Kuo believes Huawei obtaining a greater market share will keep Huawei safe from declining income internationally, though those are tall market share numbers if we’ve ever seen them. I’d say it’s optimistic, however we can’t say it’s impossible.
Outside of this, he moreover predicts that Huawei will ship 100 million 5G smartphones in 2020, and that they’ll overthrown their competitors in that segment of the market. The most recent report launched by IDC displays that in the second quarter of 2019, Huawei shipped 36.3 million units in the Chinese market, with a market share of 37%, a year-on-year increase of 27%. It is also the only mobile phone manufacturer among TOP5 manufacturers like of right now.