China’s Huawei Technologies attained the title of biggest smartphone seller from Samsung Electronics in the second quarter.
According to data from research firm Canalys, Huawei shipped 55.8 million devices in the April-June period, surpassing Samsung’s 53.7 million.
The Chinese company has been put under pressure following US sanctions that have hindered its business overseas.
Huawei now sells nearly two-thirds of its handsets in China, which was earlier affected by the coronavirus pandemic but has found its ground.
Huawei’s sales came down to 5% from the same quarter a year earlier, while South Korea’s Samsung fell to a 30% drop due to a shaky demand in key markets such as Brazil, the United States and Europe.
A Huawei spokesman said, “Our business has demonstrated exceptional resilience in these difficult times.”
A senior Huawei employee with knowledge of the matter told that the company making a mark as a top seller might only be for a short period until other markets recover.
However, Samsung said on Thursday that it foresees demand for smartphones to pick up in the second half of the year.
The United States has prevented Huawei from using Google’s services, thereby affecting the attractiveness of the Chinese company’s phones abroad.
S&P Global Ratings said in a report on Wednesday the latest restrictions on Huawei could remove $25 billion in revenue coming from several Asia-based firms. Huawei is yet to publicly talk about how these curbs will have an impact on its operations.