Chinese ICT behemoth Huawei has overtaken Apple in smartphone sales following the opening quarter of 2019, in what is becoming an increasingly more competitive and volatile market. Huawei now jumps into 2nd place ahead of the US iPhone manufacturer in a market dominated by South Korean juggernaut Samsung.

Read more: Huawei overtakes Apple in global smartphone sales

ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet has reported its first-quarter results of 2019. Meanwhile, the company also its preliminary results for the six months ended 30 June 2019. 

Read more: ZTE enjoys profit in Q1 despite increase in CAPEX for 5G

Huawei has announced its business results for the first quarter of 2019. In Q1 of this year, Huawei generated CNY179.7 billion in revenue, an increase of 39% year-on-year. The company's net profit margin in Q1 2019 was about 8%, slightly higher than the same period last year. 

Read more: Huawei revenues soar as Q1 financial results are disclosed

Dutch telecommunications operator KPN has formally announced that it has penned an agreement with Huawei to build its 5G Radio Network. However, it has also been disclosed that it will only select a Western vendor for its 5G core and Huawei will not be considered for that role.

Read more: Dutch operator signs 5G agreement with Huawei

At the Huawei Global Analyst Summit 2019, Huawei and Wi-Fi Alliance (WFA) held a media roundtable meeting with the theme of "Wi-Fi 6, Unlocking Business Value." At the media roundtable, Huawei announced AirEngine as its new Wi-Fi brand, which will be applied to its full series of enterprise-class Wi-Fi 6 products.

Read more: Huawei announces launch of its Wi-Fi 6 products in five major regions globally

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