Huawei to Maintain No. 2 Smartphone Share Behind Samsung in 2020, Says SA

The global smartphone market will stay on a downward trajectory in 2020, blogged Strategy Analytics Thursday. Shipments “under the worst case” will decline 3 percent from 2019 before rebounding in 2021, it said. The 2021 forecast assumes “the likelihood of global economic recession remains low,” the U.S. and China will sign a trade deal and that the U.S. will lift its trade restrictions on Huawei, it said. Samsung will remain 2020's market leader, followed by Huawei and Apple, it said. “We expect Huawei will see a big fall in overseas markets,” but a “resurgence” in China will help offset those declines, said SA: “Huawei will survive.”