Huawei Tops China Smartphone Sales Leading To 618 Festival, Up 42.4% y/y.

Chinese phone maker Huawei lead in smartphone sales in China in the May 20-to-Jun 16 period that coincided with the 618 shopping festival, selling 42.4 per cent more than a year ago, Counterpoint Research said on Tuesday (Jun 25).

Huawei’s sales were driven by continued demand for its new 5G products, said the research firm, which covers the technology, media and telecom industry.

Total smartphone sales in China rose 6.8 per cent during the period compared with a year before, with Xiaomi’s sales higher by nearly 12.6 per cent and Apple’s sales up 2.7 per cent.

Source: https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/chinese-ai-firms-woo-openai-users-us-company-plans-api-restrictions