Chinese telecommunications and smartphone giant Huawei is set to narrow the gap with Samsung, the world’s largest smartphone maker, even in terms of market share, pushing the South Korean major to the highest market of 21.3 percent in 2019. The stake is expected to be grabbed, a new report said. Samsung is expected to ship 323 million smartphones according to market research firm Strategy Analytics, while Huawei is estimated to ship 251 million units, accounting for 17.7 percent of the smartphone market this year.
The market research agency said that Huawei’s projected market share in 2019 is a sharp increase from 14.4 percent a year earlier.
YonHap news agency reported on Thursday that both estimated shipments and market shares are up slightly from 291 million units and 20.3 percent, respectively, from a year earlier.
After the US embargo on the Chinese company, Huawei made a strong showing at its home ground on the basis of patriotic purchases, compensating for uncertainty in North America and Western Europe.
The market share between the two companies increased from 5.9 percentage points to 3.6 percentage points in 2018.
Market researchers said that in the meantime, US Tech expects Apple’s iPhone to ship 193 million units.