Huawei grows while smartphone market slumps in Q3

The Honor Pro has helped Huawei grow in Q3.

Amid a 0.4 percent contraction in the global smartphone market in Q3 compared to the corresponding quarter last year, Huawei continued to stride ahead with 26 percent growth. It has narrowed the gap with Samsung at the top while pulling away from Apple in third spot.Instead of cowering to the impending ban by the US to key technologies, the China smartphone maker has the backing of a strong domestic market driven by growing patriotism among its partners.

Samsung retained its top sport with 7.8 percent increase year on year, according to Gartner.

Apple’s iPhone sales slipped again, down 10.7 percent compared to the same quarter last year.

High prices for flagship smartphones seem to have an impact on sales.

“Today’s smartphone user is opting for mid-tier smartphones over premium-tier ones because they offer better value for money. In addition, while waiting for 5G network coverage to increase to more countries, smartphone users are delaying their purchase decisions until 2020,” said Anshul Gupta, Senior Research Director of Gartner.

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