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On an annualized basis, Huawei's sales fell 5%, while Samsung's sales fell 30% due to disruptions in key markets such as Brazil, the United States and Europe, due to the coronavirus pandemic, Canalys notes.
At the same time, in the second quarter of the year, overseas shipments of Huawei fell by 27% compared to the same period last year, but the company increased its dominance in the Chinese market, which was recovering faster from COVID-19, and where Huawei now sells more than 70% of its phones.
“During the unprecedented global economic downturn and challenges, we continue to grow,” a Huawei spokesman said.
source: reuters.com
At the same time, in the second quarter of the year, overseas shipments of Huawei fell by 27% compared to the same period last year, but the company increased its dominance in the Chinese market, which was recovering faster from COVID-19, and where Huawei now sells more than 70% of its phones.
“During the unprecedented global economic downturn and challenges, we continue to grow,” a Huawei spokesman said.
source: reuters.com
