Huawei’s cell phone share slips due to sanctions

huawei‘s global market share for cell phones fell by nearly a quarter year-on-year in the third quarter of last year compared with the previous year, while South Korea’s Samsung was one of the biggest beneficiaries, data showed.

Huawei’s global market share for cell phones fell to 15 percent in the third quarter of last year, while Samsung’s rose to 23 percent in the same period, The Wall Street Journal said Wednesday, citing data from market research firm Canalys. Other Chinese phone makers such as Xiaomi and Vivo also saw their share rise.

Industry analysts say the figures for the fourth quarter of last year maintain these trends, and they estimate that overall smartphone shipments have fallen back slightly.

The supply of chips for Huawei’s phones and other consumer products has been hit hard by U.S. sanctions and other factors. Analysts estimate that some of Huawei’s components could run out as early as this spring, but its supply could be maintained into the fall as Huawei continues to cut shipments.