Huawei announced its slowest revenue growth in 4 years for 2017
China's Huawei smartphone on Friday flagged overall and smartphone revenue figures for 2017 which represented its slowest growth in 4 years, and vowed to extend its global reach with more premium products next year. The telecom equipment and smartphone maker expects 2017 revenue to rise 15 percent to 600 billion yuan ($92.08 billion), Chief Executive Ken Hu says in his New Years message. That represents the slowest growth since 2013 for Huawei. Huawei says it would focus on profit after posting near-flat annual profit growth in March, weighed drop with its fast-growing but thin-margin smartphone business and marketing spending. Yu says the division's revenue is expected to rise thirty percent to 236 billion yuan — too its slowest growth since 2013.
Huawei shipped 153 million smartphones in 2017, but revenue growth is slowing
referring to We've known for a while this time which Huawei smartphone shipped a mammoth quantity of smartphones this past year. As announced with Bloomberg, however, this is in fact the lowest growth rate Huawei smartphone has experienced in 4 years. Editor's Pick Video: Best of Android 2017 – the smartphone of the year is… What's the best smartphone of 2017? That's the first Huawei smartphone (video) advert I've seen over here even though smartphones baring the Huawei smartphone and Honor (it's sub-brand) name have been obtainable in the Britain for several years now. Meanwhile, Huawei smartphone is too fending off tough competition in its native region, with Oppo, Vivo, and Xiaomi nipping at its heels for Chinese market share dominance.collected by :Lara Phillip
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