"Deccan Chronicle" said : Huawei forecasts smartphone shipments of 140-150 million this year

according to The full-year forecast would compare to the 139 million smartphones Huawei shipped last year, which was up 29 per cent compared to the year before. And though its smartphone shipments surged by more than a fifth in the first half, Yu emphasised that Huawei was not aiming for volumes. (Representational image)China's Huawei Technologies forecast smartphone shipments of 140 million-150 million this year, a sharp slowdown in annual growth as the world's third-largest smartphone maker chases profits instead of volumes by selling more high-end phones. Shenzhen-based Huawei's profit growth has been under pressure with its low margin smartphone business facing strong competition at home and abroad, forcing Huawei earlier this year to de-emphasise revenue growth. Richard Yu, CEO of Huawei's consumer business group, said on Thursday the company expected to ship 140 million-150 million smartphones for the full year compared to 73 million achieved in the first half.


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Huawei holds first place while Xiaomi climbs to fourth as Chinese smartphone shipments fall 3% year on year

Oppo shipped just over 21 million and had to settle for second place, despite growing 37% year on year. After six consecutive quarters of growth, Chinese smartphone shipments fell 3% to 113 million in Q2 2017. Vivo held onto third place, shipping just over 16 million, losing ground on the leading pair during the quarter. "Xiaomi still offers the best value in the Chinese market, and it remains the preferred choice for price-conscious consumers. Huawei shipped over 23 million to lead the market for the second quarter in a row.


A major priority is boosting its sales and brand image in the more profitable high-end phone market, he said. Huawei said smartphone shipments in Europe rose 18% in the first half of the year, but didn't break out actual sales for the region. A Huawei phone in Europe, for example, fetched $312 on average last year--less than half the average price of an Apple smartphone, and below the $414 for an average Samsung phone, according to Canalys. SHENZHEN--Chinese telecommunications giant Huawei Technologies Co. has reclaimed the top spot in China's fiercely competitive smartphone market, but it still faces a tough fight in its goal to become the world's top seller of phones. Though Huawei is narrowing the gap with Apple Inc. and South Korea's Samsung Group, it still has some catching up to do with its rivals in the competitive and slowing smartphone market, especially overseas.


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