Xiaomi overtakes Huawei in smartphone shipments
Xiaomi is now the third-largest smartphone vendor when it surpassed Huawei in global smartphone monthly shipments in February 2020.
According to Strategy Analytics’ latest report (via Sina Tech), Xiaomi has 6.0 million in shipments as of February 2020, while Huawei has 5.5 million. At number one is Samsung with 18.2 million units, followed by Apple with 10.2 million.
Although this might sound like good news for Xiaomi, the whole smartphone industry is actually struggling due to the ongoing pandemic.
Strategy Analytics also reported a huge drop in global smartphone shipments at -38% YoY growth as of February 2020.
“Global smartphone shipments tumbled a huge 38 percent annually from 99.2 million units in the month of February, 2019, to 61.8 million in February, 2020. Smartphone demand collapsed in Asia last month, due to the Covid-19 outbreak, and this dragged down shipments across the world. Some Asian factories were unable to manufacture smartphones, while many consumers were unable or unwilling to visit retail stores and buy new devices,” said Linda Sui, Director at Strategy Analytics.
“February 2020 saw the biggest fall ever in the history of the worldwide smartphone market. Supply and demand of smartphones plunged in China, slumped across Asia, and slowed in the rest of the world. It is a period the smartphone industry will want to forget,” Neil Mawston, Executive Director at Strategy Analytics.