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Author Topic: Huawei to beat Apple to become world's second largest smartphone maker in 2019  (Read 14251 times)

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mobify

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If the market research firm is correct, 1.41 billion smartphones will be produced in total around the world this year, down 3.3 percent from the estimated 2018 tally. In addition to a weak “overall demand outlook” caused by the industry’s inability to innovate in a meaningful and practical way, the US-China trade war is expected to play a key role in driving that figure up or down.

If tensions between the two nations continue to escalate, smartphone production could take a hit of up to 5 percent in 2019 compared to last year. Apple’s already dwindling numbers would be dramatically impacted by a heightened trade war, although even if a truce is called, there’s no stopping Huawei now from ranking as the world’s second-largest vendor.

Of course, the controversial company can’t defy market trends forever and keep up that impressive recent growth rate. Still, Huawei’s 205 million production total of 2018 is projected to grow by a healthy 8 percent to 225 million units this year, putting quite a distance between the market’s forecasted silver and bronze medalists of 2019.



 

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