Huawei Share in Premium Smartphone Segment Hits Double Digits

Driven by its P20 series shipments, Chinese smartphone maker Huawei's share in the global premium smartphone segment hit double digits for the first time in the third quarter of 2018, according to Counterpoint Research.

At a rate of over 19 per cent, the global, premium smartphone segment grew faster than the overall smartphone segment that declined five per cent in Q3 2018, according to Counterpoint Research's Market Monitor Q3 2018 report.

Apple led the global premium smartphone segment capturing 47 per cent share of the segment, followed by Samsung (22 per cent), Huawei (12 per cent), Vivo (five per cent ), OPPO (five per cent) and Xiaomi (three per cent), Tarun Pathak, Associate Director at Counterpoint Technology Market Research, wrote in a blog post on Saturday.

In India, OnePlus continued to lead the premium smartphone segment for the second successive quarter capturing 30 per cent of the market driven by the strong performance of its OnePlus 6.

via IANS

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