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Huawei Displaces Samsung As Most Profitable Android Smartphone Maker
The explosive woes of Samsung's defective Galaxy Note 7 franchise have helped catapult China's Huawei past the South Korean conglomerate as the most profitable Android smartphone manufacturer in the world.Apple aapl continues to remain the most profitable of all smartphone makers with a staggering 91% operating profit market share.Huawei, meanwhile, controlled 2.4% of the global smartphone operating profit share ($200 million) in the third quarter of 2016, and two other Chinese companies—Vivo and Oppo Electronics—gained to 2.2% market share each in the crowded Android field, according to the South China Morning Post.
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Report: Huawei was the most profitable Android manufacturer in Q3
Strategy Analytics has released an interesting report, showcasing the global operating profit shares for smartphone manufacturers in the third quarter of the year.According to the report, the smartphone industry generated $9.4 billion in profits in Q3.Apple came out on top, as it took home the vast majority of it — 8.5 billion to be exact (91%).
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Huawei gets crowned most profitable Android OEM in Q3
Major Android OEMs like Samsung, HTC and LGmight be losing a lot of money through their mobile division, but others are thriving.A new report coming out of Strategy Analytics reveals more data on the smartphone market in Q3.According to the information, the mobile industry posted $9.4 billion in profits.
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