Huawei upsets the Apple cart

Chinese telecom giant outsells US rival for first time, taking second place globally

Leading telecom company Huawei Technologies Co Ltd shipped more handsets worldwide than archrival Apple Inc, for the first time, in the second quarter of 2018.

The achievement breaks the seven-year dominance of Samsung Electronics Co Ltd and Apple as the top two vendors in terms of smartphone shipments. But, more efforts are still needed for Huawei to beef up its profit margins, which still lag far behind Apple, analysts said.