HONG KONG, Oct 31 (SCMP):Huawei Technologies saw its shipments in China decline in the third quarter this year for the first time since 2014 after being hit by the latest round of US sanctions in August, according to research firm Canalys.
While it is still the biggest player in the market, Huawei’s shipments fell 18 per cent year-on-year to 34.2 million units and its market share shrunk from 44.3 per cent in the previous quarter to 41.2 per cent in the third, Canalys said in a report released on Friday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!