Despite the US taking steps to try and curtail its business, Chinese telecommunications equipment vendor Huawei Technologies has overtaken South Korean conglomerate Samsung Electronics to become the world's biggest in smartphone shipments for the first time, in the second quarter of 2020.
About 800 million 5G-enabled smartphones are forecast to be shipped in 2023 by the technology analyst firm Canalys, accounting for 51.4% of all smartphone shipments by that time. Overall, in the five-year period, Canalys said it expected the compound annual growth rate to be 179.9%, with a total of 1.9 billion devices shipped to market by the end of 2023.
Global smartphone shipments for the first quarter of 2019 showed a drop of 6.8% year-on-year, marking a sixth consecutive quarter of declines, the analyst firm Canalys says, adding that the total number of units shipped, 313.9 million, was the lowest in nearly five years.
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