China’s Huawei, Lenovo Lead Smartphone Growth to Record Quarter
This article is for subscribers only.
Huawei Technologies Co., China’s biggest maker of smartphones, almost doubled shipments in the second quarter as demand from emerging markets boosted industry volumes to a record 295 million units.
Samsung Electronics Co. retained the top spot globally, while posting lower shipments and shrinking market share, as Apple Inc. held second place, Framingham, Massachusetts-based IDC said in a statement yesterday. Huawei and Lenovo Group Ltd. were the only top-five vendors to gain market share, according the statement.