Technology
Fast-Fading Huawei Holds Onto Smartphone Crown — in China – Caixin Global
Sanctions-hobbled telecom giant’s shipments plunged 34.5% in last year’s fourth quarter as it fended off challenge from Apple in the world’s largest market
U.S. sanctions-hobbled Huawei Technologies Co. Ltd. managed to retain its crown as the leading smartphone brand in its home China market in the final quarter of 2020, even as it continued to hemorrhage market share to a resurgent Apple Inc. and hometown rival Xiaomi Corp.
Huaweis smartphone shipments in China tumbled 34.5% to 21.7 million units in last years fourth quarter, giving it 25.1% of the market according to data released on Tuesday by IDC. While the decline was steep, it was less severe…
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