Speaking at the Huawei Developer Conference 2023, Yu Chengdong, CEO of Huawei Consumer Business Group, noted that in the second quarter of 2023, Huawei’s share of the Chinese smartphone market increased by a record 76.1 percent.According to IDC, Huawei’s share of the domestic smartphone market reached 13 percent in the second quarter. According to this indicator, the company was equated with Xiaomi and took fifth place in the list of the largest device manufacturers. In the published report, it was emphasized that apart from Huawei and Apple, no other manufacturer in the Chinese market showed growth in the second quarter.
Huawei takes it hard
It is noted that despite all the difficulties and obstacles in the supply chain, the excellent performance of the new Huawei P60 series and Mate X3 series foldable phones led to good sales. Because Huawei smartphones are very difficult to manufacture and the company has been under US sanctions since May 2019.
At the end of July, Counterpoint analysts reported that Huawei had managed to sharply increase its smartphone sales in China. Huawei’s success was attributed to its strong brand, high store sales and the solution it brought to the component shortage.
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