Apple to beat Samsung and Huawei in 5G smartphone business

Apple will overtake Samsung and Huawei to become the number one 5G smartphone brand during the second half of 2020, according to research report from Strategy Analytics.
Apple iphone 12 5G smartphone in Singapore“Apple iPhone 12 will overtake both Huawei and Samsung during H2 2020. The iPhone 12 5G portfolio will deliver tens of billions of dollars of revenue in just a few weeks during the run-up to the Xmas holiday season and beyond. Apple iPhone 12 will soon take the 5G crown,” Ken Hyers, director at Strategy Analytics, said.

Samsung Galaxy S20+ 5G was the world’s bestselling 5G smartphone model by revenue in the first half of 2020. Apple iPhone 12 is expected to take the 5G crown in H2 2020, says Strategy Analytics.

Global 5G smartphone industry revenue hit a record US$34 billion in the first half of 2020 — led by Samsung and Huawei.

Samsung took 3 of the top 5 positions worldwide in H1 2020. Samsung Galaxy S20+ 5G is the world’s number one bestselling 5G smartphone model by revenue and accounts for a dominant 9 percent share of all 5G smartphone revenues generated in H1 2020.

The S20+ 5G is among the world’s first blockbuster 5G models and is popular across Western Europe, South Korea, North America and elsewhere. Samsung’s top-of-the-range S20 Ultra 5G is in 2nd spot and Samsung S20 5G sits in 3rd place.

“Samsung is making big money from 5G phones,” Juha Winter, associate director at Strategy Analytics, said.

Samsung Electronics September-quarter profit likely surged more than a third, fuelled by strong smartphone sales, analysts said.

Third-quarter smartphone shipments of Samsung likely rose 48 percent to 80 million from the second quarter, according to analysts and data from Counterpoint Research.

Huawei P40 Pro 5G and Huawei Mate 30 5G were the world’s fourth and fifth bestselling 5G smartphone models in H1 2020. Huawei’s 5G smartphones are wildly popular in China market.

Huawei revenue grew 9.9 percent in January-September versus the same period a year earlier to 671.3 billion yuan or $100.4 billion. Revenue of Huawei for the third quarter rose 3.7 percent to 217.3 billion yuan, Reuters’ calculations showed.