Huawei Ranks Second in China Smartphone Market
Huawei Ranks Second in China Smartphone Market

Huawei Ranks Second in China Smartphone Market

News summary

Huawei Technologies has emerged as China's fastest-growing smartphone brand, achieving a 37% year-on-year growth in shipments, totaling 46 million devices in 2024, which secures it a 16% market share. The company aims to rank first in the Chinese market and among the top five globally by 2025, responding to the declining profitability of Apple’s high-end market presence. Competing brands like Xiaomi are adjusting their strategies to capture market share, with some dealers shifting focus to domestic brands due to financial losses tied to Apple. Additionally, Huawei is emphasizing the importance of robust network infrastructure in the era of AI and 5G-Advanced technologies, as highlighted at the Global Mobile Broadband Forum 2024. This focus on enhancing network capabilities is crucial for supporting a wide range of AI-based services and applications. As the mobile industry evolves, the competition among Chinese manufacturers intensifies, altering the landscape of smartphone sales in China.

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