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Move over Samsung: Huawei is the most profitable Android smartphone supplier
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- Huawei Technologies, China's largest telecommunications equipment manufacturer, has displaced Samsung Electronics to become the second most profitable smartphone supplier in the world in the three months ended September 30, according to research firm Strategy Analytics.The Shenzhen-based company had a 2.4 per cent share of the global smartphone operating profits in the third quarter, behind US technology giant Apple's dominant 91 per cent share."It also became the world's most profitable Android smartphone vendor for the first time," Strategy Analytics executive director Neil Mawston told the South China Morning Post on Wednesday.
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Huawei Is Now The World's Most Profitable Android Device Maker
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- For a long time now Samsung has been the market leader for all things Android but due to the Note 7 incident that took place, the company has suffered a huge hit and is looking to get back on its feet with the launch of the Samsung Galaxy S8.Meanwhile, Huawei has caught up with their exceptionally well-placed offerings in the mobile segment.While Samsung has been suffering from the Note 7 mishap Huawei has become the world's most profitable Android device maker.
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Huawei Dethrones Samsung As Most Profitable Android Brand
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- Huawei has seen considerable growth in its smartphone business over the past year so much so that a new report suggests that the company has now dethroned Samsung as the most profitable Android brand.However, one has to take into account the fact that Samsung was stung by the failure of the Galaxy Note 7 which would have otherwise brought in a lot of money for the company.The report from research firm Strategy Analytics claims that Huawei was the second most profitable smartphone vendor overall for the quarter ended September 30th.
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Huawei becomes most profitable Android brand: Report
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- Huawei Technologies has displaced Samsung Electronics to become the second most profitable smartphone supplier in the world for the quarter ended September 30, followed by two other Chinese brands Vivo and Oppo, a latest report by research firm Strategy Analytics shows.The Shenzhen-based Huawei generated some $200 million of smartphone operating profit -- earnings before interest and tax -- worldwide during the quarter, equivalent to 2.4 percent share of the global smartphone operating profits, trailed by Vivo and Oppo's 2.2 percent shares, according to the report.Apple remains the most profitable mobile phone brand, gaining $8.5 billion, or 91 percent share in smartphone profits in the third quarter out of the total $9.4 billion operating profit, Strategy Analytics estimated.
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