But Samsung’s annual shipments grew 3.2 per cent in 2016, driven majorly by the J-series.
NEW YORK: China-based Huawei , currently the world’s second largest Android smartphone manufacturer, will dethrone Samsung to become Apple ‘s main challenger in years to come, American analyst firm Drexel Hamilton said on Friday.Apple had a record fourth quarter in 2016 shipping 78.3 million iPhones globally, surpassing Samsung in overall smartphone market share.Huawei shipments reached record 139 million units with 28 per cent year-on-year growth, Counterpoint Research said earlier this year.
India registered 109.1 million units of smartphone shipments with a marginal 5.2 per cent annual growth in 2016.With a wide pipeline of products to cater to various market segments, both Huawei and Honor have put the needs of the Indian consumer first and have focused on channel, retail, brand, marketing and services, to strengthen the business base and streamline operations and customer service.Samsung continued to lead the Indian smartphone market with 25.1 per cent share despite a 13.1 per cent sequential decline in the fourth quarter of 2016.
Battle with Apple takes a toll on Huawei
as mentioned in Revenue grew 32 percent to 521.6 billion yuan, said Huawei, a closely held company that discloses only basic finances.
China contributed 45 percent or 236.5 billion yuan of revenue last year compared with 42 percent in 2015.
Huawei has become less dependent on its traditional networking business as the company attempts to grow sales from cloud computing and smartphones.
But the consumer division outstripped that pace, growing revenue 44 percent to 179.8 billion yuan by shipping 139 million smartphones in 2016.
The company blamed a rapidly expanding consumer business for weighing on margins.
Huawei and Honor to take down Samsung, become Apple iPhone’s challenger
as mentioned in “I do expect the Chinese to knock off Samsung and that’s probably going to be Huawei,” Drexel Hamilton analyst Brian White told CNBC.
At least the Android smartphones galaxy.
Read more“I see it as a Huawei-Apple fight in the future, Samsung and probably some smaller competitors underneath them.
In the fourth quarter of last year Apple and Samsung were roughly tied with around 18% of the global smartphone market each, according to IDC.
The CNBC report also quotes GGV managing partner Hans Tung, a venture investor, claiming that Samsung might lose its chances against Apple in the long run.
collected by :Lara Phillip