Huawei ranks world’s third largest chip buyer


FE Team | Published: February 13, 2019 13:27:47 | Updated: February 14, 2019 11:22:11


- Reuters file photo

Huawei Technologies Co ranked the world's third largest buyer of semiconductors in 2018, following

Samsung Electronics Co and Apple Inc, the China Daily reported on Wednesday, citing a recent report by US-based research firm Gartner Inc.

The Chinese tech company spent over 21 billion US dollars on semiconductor chips last year, accounting for 4.4 per cent of the total world-wide market. It increased its chip spending by 45.2 per cent, jumping in front of Dell and Lenovo Group to the third spot.

Three other Chinese companies, Lenovo, BBK Electronic Co and Xiaomi Corp, were also among the top 10 semiconductor buyers in 2018.

Gartner said semi-conductor spending by the top 10 buyers increased significantly, and their share reached 40.2 per cent of the total semiconductor market in 2018, up from 39.4 per cent in 2017.

With regard to smartphone sales, Huawei shored up its leading position. The company shipped 30 million smartphones in the domestic market in the fourth quarter of last year, up 23.3 per cent year on year. It topped the list with a market share of 29 per cent, Xinhua reported citing research firm IDC.

Oppo ranked the second place, with its shipment of smartphones reaching 20.3 million units in the fourth quarter, accounting for 19.6 per cent of the market share, followed by Vivo, with a market share of 18.8 per cent.

Apple Inc's smartphone shipments in the Chinese market plummeted about 20 per cent during this period, taking up 11.5 per cent of the market share.

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