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"Demand for the Chinese tech company's [Huawei] devices is red hot even though the country's overall market for smartphones is shrinking." That's the second se
by rgbrenner 8y ago
"Demand for the Chinese tech company's [Huawei] devices is red hot even though the country's overall market for smartphones is shrinking."
That's the second sentence in your link. And it says Oppo grew at 1.1% (in 2018q4)-- that's not exactly winning. Xiaomi plummeted 28%, even more than apple. There's clearly more going on than a simple competition between apple and Huawei.
https://www.engadget.com/2019/03/13/smartphone-sales-china-plummet/ https://www.engadget.com/2019/03/13/smartphone-sales-china-p...
More recent data shows Oppo and Vivo are struggling to increase sales too. Huawei is the only company growing in the Chinese market. 2019q1 data:
https://www.canalys.com/newsroom/canalys-huawei-gains-record-34-of-chinas-declining-smartphone-market https://www.canalys.com/newsroom/canalys-huawei-gains-record...
- caycep 8y agoHow much to factor in official/unofficial state subsidies in Huawei financial performance?