Huawei's global smartphone and telecom gear business continues to suffer the fallout from US sanctions that cut the company off from key American tech and supplies.
The company was able to take advantage of the economic recovery in China, where Huawei now sells over 70% of its smartphones.
A years-long US pressure campaign against Huawei has handicapped the Shenzhen-based firm's global business Huawei still suffered an annual decline in smartphone shipments of 5%.
Hong Kong (CNN Business) Huawei became the world's top smartphone seller last quarter, overtaking Samsung for the first time ever, according to an independent market research report released Thursday.
Smartphone shipments worldwide are expected to fall about 18% in the first half of the year as the pandemic continues to affect consumer spending, analysts at IDC said in a note last month.