Huawei firmly stands as world's 2nd smartphone manufacturer, Xiaomi 4th despite losses

Counterpoint Q2 2018 India premium smartphone market

It shipped a record 71.6 million smartphones during June quarter.

IDC notes that Apple will likely move back into the number two spot following the release of its 2018 iPhone lineup later this year. The launch of a cheaper iPhone will give Apple's smartphone business a volume boost that should comfortably place it in the second position even in the offseason. IDC and IHS Markit reported the firm had shipped 54.2 million phones; Canalys estimates it was 54 million.

If companies like Huawei, Xiaomi, OPPO, and others want to generate a significant amount of revenue, then they will need to come to an agreement with the US government and the four major carriers to allow them to sell their handsets officially in the country.

Ryan Reith, program vice president with IDC's Worldwide Mobile Device Trackers, says that in most markets worldwide, Apple, Samsung, and Huawei are the major players in the ultra-high end ($700+) competition. Still, OnePlus, Samsung and Apple have a controlling 88% share of the premium segment.

Multiple market analysts said that Huawei's rise came as the slowdown in China, the world's largest market for smartphones, eased, with growing market share in Europe.

Indeed, this year's flagship Huawei phone, the Huawei P20 Pro, tucked a big fat 5 stars under its belt on review here at T3.com, while the incoming Huawei P30 handset looks like it is going to be one of the star devices of 2019. As an example, its P20 Pro is now the only premium smartphone on the market that offers a triple main camera array. Meanwhile, Cupertino, California-based Apple shipped about 41.3 million units in Q2, securing a modest 0.7% growth over the year-ago period and missing the Street's forecasts for 41.8 million devices for the quarter. Despite shipping fewer units than analysts had expected, Apple reported that iPhone revenue was up 20 percent from the same period past year.

Xiaomi is in fourth, Oppo fifth, Vivo sixth and LG's decline continued as it slipped to 7th. And despite its $999 price tag, the handset has continued to remain the most popular iPhone every quarter since its release previous year.

Huawei's impressive performance does not mean Apple had a bad quarter.

The iPhone did well, with the top-of-the-line iPhone X model a big seller in many markets, according to IDC.

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