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Huawei topples Apple as 2nd biggest smartphone maker

11:58 PM | 4 May, 2019
Huawei topples Apple as 2nd biggest smartphone maker
LONDON - Huawei claimed to grab the No 2 spot in smartphones in the first quarter after beating Apple, reported Bloomberg.

The Chinese telecoms company has also vowed to displace Samsung at the top of the market.

The networking giant, shrugging off a barrage of accusations that it aids Chinese espionage (which it’s repeatedly denied), grew shipments 50 per cent from a year earlier, research firm IDC estimates. It was the only name in the top 4 that managed to expand volumes as the overall market slid for the sixth consecutive quarter.

Huawei’s been steadily gaining on Apple and Samsung Electronics Co. with an increasingly high-end line-up of devices, particularly in its home market of China.

The iPhone maker this week projected quarterly sales that topped analysts’ estimates, suggesting demand for iPhones has stabilized after a disappointing holiday period. Samsung also enjoyed a spike compared with the fourth quarter thanks to the launch of the marquee S10 range in February. IDC reckons Huawei should cling to the No. 2 spot over the rest of 2019.

“The overall smartphone market continues to be challenged in almost all areas, yet Huawei was able to grow shipments by 50 percent,” said Ryan Reith, program vice president with IDC’s Worldwide Mobile Device Trackers. “This new ranking of Samsung, Huawei, and Apple is very likely what we’ll see when 2019 is all said and done.”

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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