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Huawei market share in China to hitten 50% in 2020
Huawei market share in China to hit 50 in 2020

Huawei market share in China to hitten 50% in 2020

Ming-Chi Kuo, an analyst at TF International Securities, predicts in a new research report that Huawei can expect to ship out 230 million gadgets in 2019, a bit lower than their previous estimates of 260 million. Ming-Chi Kuo Furthermore expects Huawei’s mobile cameraphone shipments in 2020 to be same to 2019 general after it ships to amount, but the interesting part comes right after that.

Huawei market share in China to hit 50% in 2020

The analyst goes on to predict in the report that Huawei’s market share in the Chinese market will increase from 35-40% in 2019 to 45-50% in 2020. This essentially means he expects Huawei to be in control of half of the Chinese market, and that this may just be abundant to a bit offset the declining international sales of the company.

Ming-Chi Kuo goes on to say that Huawei is expected to adopt two strategies in 2020 to reduce the potential recession risk in the international market. First of all, he expects Huawei to make a larger push towards offering older devices overseas. As claimed by to him, the older gadgets are already Google certified, so they’ll retain Google programs and Android updates.

The second strategy is attempting to control a larger share of the Chinese market. Like we’ve already pointed out, Ming-Chi Kuo believes Huawei obtaining a greater market share will keep Huawei safe from declining sales internationally, though these are tall market share numbers if we’ve ever seen them. I’d say it’s optimistic, but we can’t say it’s impossible.

Outside of this, he Additionally predicts that Huawei will ship 100 million 5G phones in 2020, and that they’ll overthrown their competitors in that section of the market. The latest report introduced by IDC reveals that in the second quarter of 2019, Huawei shipped 36.3 million units in the Chinese market, with a market share of 37%, a year-on-year increase of 27%. It is Additionally the only mobile cameraphone company among TOP5 manufacturers as of straight presently.

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