According to a recent report, Samsung’s second-quarter sales were so bad that Huawei was able to overtake it. In normal circumstances, this wouldn’t have come as a surprise, given that the Chinese company has been growing its smartphone sales since quite some time now. What makes these results fascinating is that Huawei has been handicapped by US sanctions and has essentially been limited to its own country.
Sure, it probably helped that China is slowly rebounding while lockdown orders are still in place in most countries. That partially explains why Samsung’s sales slid 30 percent year-on-year during the quarter. The chaebol has limited present in the country. Apple also did spectacularly well in China, with iPhone sales jumping 225 percent quarter-on-quarter and 32 percent year-on-year.
