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Samsung slump makes Huawei the world’s largest smartphone brand for the first time, report suggests

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Samsung slump makes Huawei the world's biggest smartphone brand for the first time, report says

The Chinese tech business delivered 55.8 million telephones in the a few months finished in June, surpassing longtime rival Samsung, which shipped 53.7 million, in accordance to the Canalys report.

“Using initial place is incredibly essential for Huawei,” reported Canalys analyst Mo Jia. “It is determined to showcase its model energy to domestic shoppers, element suppliers and builders.”

Huawei even now endured an once-a-year drop in smartphone shipments of 5%. But Samsung’s was a whole lot greater at 30%, in accordance to Canalys.

The sector analysis firm stated Huawei’s victory about Samsung wouldn’t have transpired devoid of Covid-19. The enterprise was able to consider advantage of the financial restoration in China, where Huawei now sells in excess of 70% of its smartphones. Samsung has a extremely tiny existence in China.

Huawei’s world-wide smartphone and telecom gear organization proceeds to suffer the fallout from US sanctions that reduce the organization off from essential American tech and supplies.

With out obtain to common Google (GOOGL GOOGLE) applications this kind of as YouTube, maps and Gmail, Huawei’s latest smartphones are a great deal significantly less appealing to global consumers. That will make it quite tricky for Huawei to maintain on to the worldwide No. 1 placement, according to Jia.

“It will be tough for Huawei to maintain its direct in the long time period. Its significant channel associates in crucial regions, these as Europe, are more and more cautious of ranging Huawei equipment, taking on much less types, and bringing in new brand names to lower danger. Energy in China on your own will not be enough to sustain Huawei at the major at the time the world wide overall economy commences to recuperate,” he claimed.

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“Our organization has demonstrated remarkable resilience in these hard moments,” Huawei spokeswoman Evita Cao stated. Cao did not answer to queries on how the business can manage its guide likely forward.

Huawei’s victory arrived on the same working day Samsung posted a huge income bump for the second quarter, with robust chip desire aiding the corporation climate the fallout from the coronavirus pandemic.

Samsung noted functioning gain of 8.15 trillion received ($6.8 billion) for the three months that ended in June, up a lot more than 23% when compared to the same interval previous year.

Samsung reported revenue fell about 6% to 53 trillion received ($44.6 billion).

Shares in Samsung ended up last up .7% in Seoul. South Korea’s Kospi (KOSPI) rose .1%.
Taiwan's TSMC is becoming one of the world's top companies. Intel's problems are helping

Irrespective of the double digit declines in once-a-year smartphone shipments for the quarter observed by the Canalys report, Samsung claimed that the device remained financially rewarding thanks to cost savings on advertising and marketing prices. (Samsung does not crack out specifics about its smartphone shipments, but pointed out that they declined.)

For the 2nd 50 percent of 2020, however, Samsung is warning that “uncertainties connected to Covid-19 linger” for its mobile business.

That could be ample to drag the enterprise to profits losses for the calendar year, in accordance to study organization Crisp Idea.

The shopper electronics unit, which consists of smartphones and TVs, is “envisioned to decrease noticeably as Covid-19 has an effect on desire and leads to shop and plant closures globally,” Crisp Idea analysts wrote in a take note before this month.

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Smartphone shipments around the globe are anticipated to slide about 18% in the very first 50 % of the calendar year as the pandemic proceeds to influence client shelling out, analysts at IDC reported in a observe last thirty day period.

The market place investigate organization additional that world wide smartphone shipments are not predicted to return to progress until the initial quarter of 2021.

That would also hurt Samsung’s memory chip organization, because the firm materials chips for rival smartphone firms these kinds of as Apple (AAPL) and Huawei.

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Portuguese historical films will premiere on 29 December.

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Portuguese historical films will premiere on 29 December.

Method Media Bermuda will present the documentary FABRIC: Portuguese History in Bermuda on Thursday, December 29 at the Underwater Research Institute of Bermuda.

A spokesperson said: “Method Media is proud to bring Bermuda Fabric: Portugal History to Bermuda for its 5th and 6th showing at the Bermuda Underwater Observatory. In November and December 2019, Cloth: A Portuguese Story in Bermuda had four sold-out screenings. Now that Bermuda has reopened after the pandemic, it’s time to bring the film back for at least two screenings.

“There are tickets Ptix.bm For $ 20 – sessions at 15:30 and 18:00. Both screenings will be followed by a short Q&A session.

Director and producer Milton Raboso says, “FABRIC is a definitive account of the Portuguese community in Bermuda and its 151 years of history, but it also places Bermuda, Acors and Portugal in the world history and the events that have fueled those 151 years.

“It took more than 10 years to implement FABRIC. The film was supported by the Minister of Culture, the Government of the Azores and private donors.

Bermuda Media Method [MMB] Created in 2011 by producer Milton Raposo. MMB has created content for a wide range of clients: Bermuda’s new hospital renovation, reinsurance, travel campaigns, international sports and more. MMB pays special attention to artistic, cultural and historical content.

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CRISTANO RONALDO CAN MAKE UP A GIANT IN CARIOCA AND PORTUGUESE TECHNICIAN SAYS ‘There will be room’

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CRISTANO RONALDO CAN MAKE UP A GIANT IN CARIOCA AND PORTUGUESE TECHNICIAN SAYS 'There will be room'

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Maestro de Braga is the first Portuguese in the National Symphony Orchestra of Cuba.

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Maestro de Braga is the first Portuguese in the National Symphony Orchestra of Cuba.

Maestro Filipe Cunha, Artistic Director of the Philharmonic Orchestra of Braga, has been invited to conduct the Cuban National Symphony Orchestra, as announced today.

According to a statement sent by O MINHO, “he will be the first Portuguese conductor to conduct this orchestra in its entire history.”

In addition to this orchestra, the maestro will also work with the Lyceo Mozarteum de la Habana Symphony Orchestra.

The concerts will take place on 4 and 12 March 2023 at the National Theater of Cuba in Havana.

In the words of the maestro, quoted in the statement, “these will be very beautiful concerts with difficult but very complex pieces” and therefore he feels “very motivated”.

From the very beginning, Rachmaninoff’s Piano Concerto No. 2 will be performed by an Italian pianist (Luigi Borzillo), whom the maestro wants to bring to Portugal later this year. In the same concert, Mendelshon’s First Symphony will be performed.

Then, at the second concert, in the company of the Mexican clarinetist Angel Zedillo, he will perform the Louis Sfora Concerto No. 2. In this concert, the maestro also conducts Tchaikovsky’s Fifth Symphony.

“This is an international recognition of my work. An invitation that I accept with humility and great responsibility. I was surprised to learn that I would be the first Portuguese member of the Cuban National Symphony Orchestra. This is a very great honor,” the maestro said in a statement.

“I take with me the name of the city of Braga and Portugal with all the responsibility that goes with it, and I hope to do a good job there, leaving a good image and putting on great concerts. These will be very special concerts because, in addition to performing pieces that I love, especially Rachmaninov and Tchaikovsky, I will be directing two wonderful soloists who are also my friends. It will be very beautiful,” concludes Filipe Cunha.

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