(Reuters) – Chinese telecom company Huawei held on to its spot as the world’s second biggest smartphone vendor in the first quarter, despite being blacklisted by the United States, research and advisory firm Gartner said. Gartner also said Huawei continued to reduce the gap with Samsung, but warned that growth could be limited in the near term. The United States on May 15 blocked Huawei from buying U.S. goods saying the company was involved in activities contrary to national security. The Trump administration softened its stance last week by granting Huawei a licence to buy U.S. goods until Aug. 19. Gartner said Samsung retained its top spot in worldwide smartphone sales, achieving a 19.2% market share in the first quarter of 2019. Huawei achieved the highest year-over-year growth among the world’s top five – Samsung, Huawei, Apple and Chinese smartphone makers OPPO and Vivo. Huawei sold 58.4 million smartphone units in the quarter, with growth across all regions, the report showed. Total global sales of smartphones to end users fell 2.7% in the quarter, with 373 million units sold Huawei did particularly well in two of its biggest markets, Europe and Greater China, where its smartphone sales grew by 69%… Read full this story
- Huawei MOCKS Australia's ban on using its 5G network: Chilling warning that using a rival company will weaken our national security because none of them can keep up with Beijing
- ATP Rankings: Rafael Nadal Holds Top Spot, Novak Djokovic Overtakes Roger Federer To Become No. 2
- Huawei sales grow 23% despite US restrictions on its business
- iPhone XR was the top selling smartphone of 2019: Who else made the list?
- U.S. may scale back Huawei trade restrictions to help existing customers
- India’s invitation to Huawei for 5G trials sparks concerns: Insufficient security safeguards plague telecom sector
- Huawei exec: Nexus 6P 'a dream,' but also a challenging one
- Android users should delete these dangerous apps from their smartphones now
- Will plastic ban in Kerala remain on paper?
- Survival top priority as sales fall short: Huawei
Huawei holds on to No. 2 smartphone spot after U.S. ban have 338 words, post on www.euronews.com at May 28, 2019. This is cached page on Business Breaking News. If you want remove this page, please contact us.