The global smartphone market continues to slide in Q1 2019, IDC reports, as shipments are down by -6.6% Y-o-Y to reach 310.8 million units, marking a 6th consecutive quarter of decline.
For overall 2018, shipments dropped by -4.1% compared to 2017, and judging from Q1 2019 the rest of the year will essentially be yet another downer for pretty much all vendors. The only highlight, from a vendor perspective, is Huawei managing to grow volume and share despite market headwinds. In fact, Huawei has managed to grow so much in Q1 2019 it even managed to beat Apple!
"It is becoming increasingly clear that Huawei is laser focused on growing its stature in the world of mobile devices, with smartphones being its lead horse," the analyst says. "The overall smartphone market continues to be challenged in almost all areas, yet Huawei was able to grow shipments by 50%, not only signifying a clear number two in terms of market share but also closing the gap on the market leader Samsung. This new ranking of Samsung, Huawei, and Apple is very likely what we'll see when 2019 is all said and done."