Xiaomi surpassed Huawei to become the world’s third-largest telephone brand in terms of shipments in February 2020 as stated by to a report by market research firm Strategy Analytics. This is the initial time Xiaomi has ever overtaken its rival, Huawei.
Like per the report, in February 2020 alone, the worldwide smartphone shipments fell 38% YoY accounting for 62 million units. Sales Additionally dropped 39% YoY with 65 million units. These factors along with the backlog of Lte inventory have affected Huawei adversely. The company’s shipments and income declined by 69% and 64% YoY respectively.
As a achievement, Xiaomi became the third-largest phone maker in February 2020, even though its shipments and income dipped by 32% and 29% YoY respectively. With all that being said, the difference between Xiaomi and Huawei was merely 0.5 million or 500,000 units with a total of 6 million and 5.5 million shipments respectively in the previous month.
Xiaomi Surpasses Huawei Third Largest Telephone Brand
Further, Samsung seized the top position like regular in February 2020 with 18.2 million units, followed by Apple with 10.2 million units. Lastly, fifth and sixth positions were acquired by Oppo and Vivo respectively with 4 million and 3.6 million units each. In addition, like Huawei and Xiaomi, the above-mentioned brands encountered slump in their shipments and profits by a big margin.
Huawei is presently going through a tough time since the United States government added it to the ‘Entity List’ last year. This forced US-based companies to fall their businesses with Huawei and in the process, the Chinese phone maker In addition lost its Android license. Additionally, global cameraphone shipments have been slipping for YoY like guys tend to use their smartphones for a long time.