The smartphone market share in 2018 The Gioi Di Dong and FPT, two of three biggest hi-tech product distributors, will bear little impact from the ban on Huawei because Huawei products account for 4-6 percent of total revenue, while Digiworld will actually benefit, according to VnDirect Securities. Huawei’s smartphone products accounted for about 4 percent of Vietnamese market share, or VND2.65 trillion in 2018. The strength of the Chinese phone brand is not too high and people will shift to use other mid-end brands. For The Gioi Di Dong and FPT Retail, the sales of Huawei products account for 4-6 percent of their total sales. Since there are a lot of alternative products, the ban on Huawei won’t lead to a sharp fall in the retailers’ revenue. However, both of them face risk from inventories, and the sale of Huawei products on installment. There are two major scenarios. First, Huawei and partners will share the costs to deal with inventory by slashing selling … [Read more...] about Are Huawei’s troubles affecting Digiworld, The Gioi Di Dong, FPT Retail?