Huawei beats rivals in Q2 shipments

Surge of 240 percent in foldable smartphones key driver for tech firm

Huawei Technologies Co has staged a remarkable comeback, reclaiming its leading position in terms of shipments in China's smartphone market in the second quarter, according to a latest report from market research company International Data Corp.

This achievement marks Huawei's return to the summit after a challenging six-year period, with shipments reaching 12.5 million units, capturing an 18.1 percent market share in the country, from April to June this year, IDC said.

This resurgence not only disrupts the recent dominance of rival brands, but also signifies a pivotal turnaround for Huawei, demonstrating its ability to overcome significant technology restrictions and supply chain hurdles, experts said.