Huawei Optimistic About Meeting Its Target for Smartphone Shipments
HONG KONG—The head of consumer products for Chinese telecommunications giant Huawei Technologies Co. said on Tuesday that he was confident the company would reach its target to ship 140 million smartphones in 2016, a 30% increase from last year.Speaking at a news conference, Huawei Consumer Business Group Chief Executive Richard Yu said his division was aiming to book $28 billion in revenue this year, up 41% from $19.9 billion in 2015.The sales would be partly fueled by about 15,000 new retail stores the company plans...
Huawei Smartphone Shipments Grow 25% In H1
Huawei Consumer Business Group has released its 2016 half-year financial results, with smartphone shipments up 25 per cent year-on-year, boosted by overseas market growth.First-half sales revenue increased 41 per cent year-on-year to 77.4 billion yuan (around $15.42 billion), with smartphone shipments totalling 60.56 million."We saw particularly fast growth in traditionally high-end smartphone markets such as Europe and emerging markets including North Africa, Central Asia and Latin America," Huawei Consumer Business Group chief executive officer Richard Yu commented.
Huawei Smartphone Sales Rise In the First Half of 2016
Thank you for your interest in licensing Fortune content.Please find information on various licensing contacts below and choose the one that best suits your needs:1.To license Fortune articles, excerpts, or headlines for republication in various media (including books, eBooks, film, web, newsletters, newspapers, magazines and others), please email syndication@timeinc.com.
Post a Comment