Huawei’s 2019 second quarter (Q2) growth report, although better than that of 2018, however, felt a negative impact of the US-government Trade Ban
Huawei has no doubt achieved a better Q2 in 2019 than the year before, however, the Chines brand has been having quite a tough time in some regions where it is present during the ongoing year.
According to the latest report, Huawei’s sales in Europe’s large markets were down by 1.9%pts during the Q1 and 9%pts from the period of May to June, when the full impact was felt. Around this time, the likes of Samsung and Xiaomi were able to benefit greatly from the situation, as they had more sales around those periods.
There is no doubt that the impact was as a result of the company’s clash with US authorities, although, Huawei was not in the superior position, so it would better be said that it rather played a victim role. Huawei was blacklisted as a result, while all relationships with all American company was put on hold, until now that the ban has been eased a bit.
However, it wasn’t all about negativity for Huawei who still have a firm hold over the Chinese market, hence, generated impressive sales during the same quarter. Huawei commanded an outstanding 46.1% of the Chinese smartphone sales in Q2 of 2019 and was able to fill in the loopholes left behind in other markets.
The year is still far from ending so one can always expect more surprises in the remaining quarters of the 2019.