Ming-Chi Kuo, an analyst at TF International Securities, predicts in a new research report that Huawei can expect to ship out 230 million devices in 2019, a bit lower than their previous estimates of 260 million. Ming-Chi Kuo also expects Huawei’s mobile phone shipments in 2020 to be similar to 2019 overall when it comes to volume, but the interesting part comes right after that.
The analyst goes on to predict in the report that Huawei’s market share in the Chinese market will increase from 35-40% in 2019 to 45-50% in 2020. This essentially means he expects Huawei to be in control of half of the Chinese market, and that this may just be enough to somewhat offset the declining international sales of the company.
Ming-Chi Kuo goes on to say that Huawei is expected to adopt two strategies in 2020 to reduce the potential recession risk in the international market. First of all, he expects Huawei to make a bigger push towards promoting older devices overseas. According to him, the older devices are already Google certified, so they’ll retain Google apps and Android updates.
The second strategy is attempting to control a bigger share of the Chinese market. As we’ve already pointed out, Ming-Chi Kuo believes Huawei obtaining a bigger market share will keep Huawei safe from declining sales internationally, though those are tall market share numbers if we’ve ever seen them. I’d say it’s optimistic, but we can’t say it’s impossible.
Outside of this, he also predicts that Huawei will ship 100 million 5G smartphones in 2020, and that they’ll beat their competitors in that section of the market. The latest report released by IDC shows that in the second quarter of 2019, Huawei shipped 36.3 million units in the Chinese market, with a market share of 37%, a year-on-year increase of 27%. It is also the only mobile phone company among TOP5 manufacturers as of right now.
UP NEXT: Huawei P30 Pro will get two new colours, Misty Lavender and Mystic Blue
(Source)
