Huawei Replaces Samsung As The No. 1 Seller of SmartPhones, At 55.8 Million Devices Sold In Q2 2020, Three-Fourths Of Huawei Units Sold Were In China
Underscoring the importance of China in the SmartPhone mobile phone market globally, China’s Huawei replaced Samsung Electronics Co. Ltd. (OTC: SSNLF). Samsung as the No. 1 seller worldwide of SmartPhones with 55.8 million units sold in Q2 2020, reports showed. Three-fourths of the Huawei mobile devices sold during the period were within China itself. Totals were actually off for Huawei 27% outside of China — but up 8% at home. Apple Inc. (NASDAQ: AAPL) was ranked as No. 3. seller worldwide in Q1. Despite international politics, Huawei maintains a leadership position in 5G telecommunications technology.
Media companies such as Stock Market Press are reporting on the fast growing telecommunications market. It keeps readers up to date on company stocks such as iQSTEL Inc. (OTC: IQST), amazon.com (NASDAQ: AMZN), Alphabet Inc. (NASDAQ: GOOGL), Apple Inc. (NASDAQ: AAPL), Telefónica SA (NYSE: TEF), Samsung Electronics Co. Ltd. (OTC: SSNLF), (Motorola Solutions, Inc. (NYSE: MSI), China Mobile Limited (NYSE: CHL),Verizon (NYSE: VZ), AT&T Inc. (NYSE: T), T-Mobile US (NASDAQ: TMUS),Ericsson (NASDAQ: ERIC), DISH Network Corporation (NASDAQ: DISH), Nokia Corporation (NYSE: NOK), Liberty Global (NASDAQ: LBTYA) and Vodafone Group PLC (NASDAQ: VOD).
Huawei Replaces Samsung Electronics Co. Ltd. (OTC: SSNLF) As The No. 1 Seller of SmartPhones, At 55.8 Million Devices Sold In Q2 2020, Three-Fourths Of Huawei Units Sold Were In China
Mobile device SmartPhones sales underscore the growth of 5G anticipation even as COVIID-19 disrupts supply and manufacturing lines. Global desire for faster SmartPhones, internet and IoT and Blockchain is driving unit sales. Early reports of Huawei’s leadership role in sales of mobile SmartPhones in Q2 2020 comes as tensions increase between international marketers. In the news has been the role of China’s TikTok and the potential sale of its American subsidiary to Microsoft. Huawei may sell a disproportionate share of SmartPhones within China’s borders, but it is undisputed that the company is a 5G technology leader.
iQSTEL, Inc. (OTC: IQST) Becomes A Leader In Telecommunications Industry With Innovation In SMS, Blockchain, Internet of Things (IoT), Artificial Intelligence (AI), 5G
Within the 5G telecommunications growth are niche leaders, such as iQSTEL, Inc. (OTC: IQST). This Company brings innovative new services to top tier providers and iQSTEL, Inc. (OTC: IQST partners with leading telecom firms. One example is iQSTEL’s subsidiary QGlobal SMS recently reaching a SMS Interconnection Partnership with China Mobile Limited (NYSE: CHL). China Mobile has one billion subscribers throughout China, Hong Kong and Asia —- with potential growth for more Asian customers living in the U.K. and Latin America. The partnership is a huge opportunity for iQSTEL, Inc. (OTC: IQST), particularly in Latin America.
All iQSTEL, Inc. (OTC: IQST) Subsidiaries Generated Positive Net Income In Q2 2020
All of its subsidiaries generated positive net income in Q2 2020. Mr. Iglesias, CEO of iQSTEL, Inc. (OTC: IQST), foresees Q3 and Q4 ‘exciting’ financial performance and the company plans more corporate and subsidiary developments leading into 2021. Its business model of organic growth as well as acquisition expansion is working well. Mr. Iglesias, CEO of iQSTEL, Inc. (OTC: IQST), foresees Q3 and Q4 ‘exciting’ financial performance and the company plans more corporate and subsidiary developments leading into 2021. Huawei Replaces Samsung Electronics Co. Ltd. (OTC: SSNLF) As The No. 1 Seller of SmartPhones, At 55.8 Million Devices Sold In Q2 2020, Three-Fourths Of Huawei Units Sold Were In China.
Its financial profile is secure and it brings to the industry these important breakthrough services/products:
- A Mobile Number Portability Application (MNPA) portability app for consumers in a 5G industry enabling them to change providers quickly and securely for mobile devices without changing numbers. As new providers come on line and consumers wish to change, the iQSTEL, Inc. (OTC: IQST) new product offers industry-changing speed and security in executing this transaction.
- Disrupting global payments/settlements in the telecommunications industry. Large financial institutions require the security and transparency blockchain provides in making payments/settlements across borders. iQSTEL, Inc. (OTC: IQST) offers that and real time transaction security offering financial institutions full transparency of the immediate transfers they want. Even after the settlement transaction is conducted, the Company ensures safety and the ability to recapture any questioned funds.
- In the IoT Smart Gas platform and application developed by recently acquired IoT Labs MX SAPI, iQSTEL, Inc. (OTC: IQST) introduced to the market an industry-changing new product that can remote manage by smart device chemicals, gases and liquids at sea and on land enabling delivery vehicles to more economically refill tanks. The company plans to market the product throughout Latin America and, later, to Europe.
With these products, it grows in SMS operations, VoIP Services, IP-PBX services, SMS exchange for A2P and P2P, Submarine Fiber Network Capacity for internet, 4G and 5G. Huawei Replaces Samsung Electronics Co. Ltd. (OTC: SSNLF) As The No. 1 Seller of SmartPhones, At 55.8 Million Devices Sold In Q2 2020, Three-Fourths Of Huawei Units Sold Were In China.
Combination Of Acquisitions And Organic Corporate Growth Works Well
Mr. Iglesias, CEO of iQSTEL, Inc. (OTC: IQST), said, “The tremendous growth we have seen in 2020 continues despite COVID-19’s global economic impact. Further proof that our business model, a combination of corporate growth and acquisitions, is working very well. All of our operating subsidiaries just reached a major milestone, going Net Income positive. Our management experience in Telecom Operations has been key in the achievement of these results. We look forward to fantastic Q3 and Q4’s as we anticipate further corporate and subsidiary developments leading in to 2021.” Huawei Replaces Samsung Electronics Co. Ltd. (OTC: SSNLF) As The No. 1 Seller of SmartPhones, At 55.8 Million Devices Sold In Q2 2020, Three-Fourths Of Huawei Units Sold Were In China.
iQSTEL, Inc. (OTC: IQST) Expands Network Of Subsidiaries
The parent company owns a 75% stake in blockchain subsidiary itsBchain LLC, iQSTEL Inc. (OTC: IQST) wholly owns Miami-based subsidiary, Etelix.com USA, LLC, an American-based 5G provider of Submarine Fiber Optic Network capacity for internet (4G and 5G). It owns 51% of SwissLink Carrier AG. SwissLink Carrier AG provides international VoIP connectivity worldwide and more. It owns 51% of QGlobal SMS LLC, a U.S.-based company which has international interconnection with Tier 1 SMS aggregators to more than 100 countries worldwide. It has acquired 51% of an Austin, Texas-based SMS U.S.-Mexico Service provider. Most recently it acquired IoT Labs MX SAPI. This Internet of Things (IoT) company is the creator of the “IoT Smart Gas” platform and application.
Source: Stock Market Press
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