• Home
  • Contact Us
  • Privacy Policy
  • Login
No Result
View All Result
SmartyBusiness
  • Home
  • Bikes Review
  • Business Stragegy
  • Business Trends
  • Companies
  • Industry
  • Loans
  • Marketing
  • News
  • Sales
  • Home
  • Bikes Review
  • Business Stragegy
  • Business Trends
  • Companies
  • Industry
  • Loans
  • Marketing
  • News
  • Sales
No Result
View All Result
SmartyBusiness
No Result
View All Result
Home Industry

Huawei Says It Shipped 60.5 Million Smartphones Globally in the First Half of 2016

by srijita
July 27, 2016
in Industry
0
VIEWS
Share on FacebookShare on Twitter
Huawei Says It Shipped 60.5 Million Smartphones Globally in the First Half of 2016

China’s Huawei Technologies Co Ltd, the world’s third-largest smartphone vendor, said first-half global smartphone shipments jumped 25 percent, helped by rapid growth in traditionally high-end markets such as Europe.

Shenzhen-based Huawei, which competes with Samsung Electronics Co Ltd and Apple Inc, shipped 60.5 million smartphones globally in the first half.

Huawei’s consumer business group, which includes its smartphone division, booked global revenue of CNY 77.4 billion ($11.6 billion or roughly Rs. 78,124 crores) for the first six months, up 41 percent from last year.

Huawei aims to surpass market leaders Samsung and Apple within five years to become the world’s top smartphone vendor.

Industry watchers, however, are less optimistic. They said Huawei is facing stiffer competition from domestic rivals such as Xiaomi Inc and Lenovo Group Ltd as cost-conscious consumers are looking for alternatives with similar features in an increasingly saturated global market.

Huawei’s head of consumer business Richard Yu was, however, bullish about the firm’s long-term prospects.

“There are only three major smartphone vendors in the world – Apple, Samsung and Huawei. It’s consolidating…other vendors will die in the next three to five years,” he told a news conference.

Research firm TrendForce last week cut its estimate for Huawei’s annual smartphone shipments by 8.5 percent to 119 million units, citing worse-than-expected sales of Huawei’s flagship phone.

“The sales of Huawei’s flagship P9, which features a dual camera, may fall short of expectations as other Chinese brands release competitive products,” said TrendForce analyst Avril Wu.

Huawei held 9 percent of the global smartphone market in the second quarter of this year, a distant third behind Samsung’s 24.5 percent and Apple’s 15 percent, according to TrendForce.

[“source-gadgets.ndtv”]

Tags: 2016:60.5FirstGloballyHalfHuaweiIn:ItMillionofSaysShippedSmartphonesthe
srijita

srijita

slot deposit pulsa tanpa potongan

Next Post
Gionee M6, M6 Plus With Data Encryption Chip, Massive Batteries Launched

Gionee M6, M6 Plus With Data Encryption Chip, Massive Batteries Launched

Recommended

LG V20 With Android 7.0 Nougat to Launch in September

LG V20 With Android 7.0 Nougat to Launch in September

7 years ago
Waze aims to speed Up Emergency reaction times as information-Sharing Spreads

Waze aims to speed Up Emergency reaction times as information-Sharing Spreads

8 years ago

Recent Post

  • What to Consider When Purchasing Cartridge Heaters for Sale
  • How Different is Online marketing from Offline marketing
  • Know Customer Service points Roles and Responsibilities
  • The Business Lessons To Be Learned From Poker
  • Document management system’s security
  • 4 Ways New Companies Protect Themselves
SmartyBusiness

Navigate Site

  • Home
  • Contact Us
  • Privacy Policy

Follow Us

No Result
View All Result
  • Home
  • Bikes Review
  • Business Stragegy
  • Business Trends
  • Companies
  • Industry
  • Loans
  • Marketing
  • News
  • Sales

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In