Is Huawei Eating Samsung’s Lunch? - Digits - WSJ: "... Chinese smartphone makers Huawei Technologies and Lenovo Group 0992.HK -2.23% gained market share at the expense of South Korea’s Samsung Electronics in the second quarter, according to the latest data released Tuesday by research firm IDC. Huawei’s shipments in the quarter jumped 95% from a year earlier, while Lenovo enjoyed a 39% increase, IDC said. Both companies outpaced the 23% growth in the overall smartphone market. Shipments at Samsung, the world’s largest smartphone maker, declined 3.9%. While China’s smartphone market is becoming more saturated, demand is strong in emerging markets in Asia, Latin America and Africa, where many consumers are still replacing their basic feature phones...." (read more at the link above)
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