Huawei was the world’s top smartphone vendor in the second quarter despite a 5% drop in shipments—off 27% outside China but up 8% at home
HONG KONG—Huawei Technologies Co. achieved its goal of becoming the world’s top seller of smartphones, fueled by the rapid economic recovery in its home market of China.
A yearslong slump in the global smartphone market—as a lack of innovation leads people to hang on to their old models longer—has thinned the ranks of sellers, and the coronavirus pandemic has further damped demand. The second quarter was the first time in nine years that neither Apple Inc. nor Samsung Electronics Co. was No. 1, according to research firm Canalys.
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