Tuesday 29 July 2014

Chinese Huawei’s Smartphone Shipment Soars 62%YOY to 34M in 2014 H1

Huawei has shipped 34.27 million smartphones globally in the first half of this year, surging 62% as compared with the same period of last year, according to stats released by Huawei  Consumer Business Group. Of which, more than 20.56 million smartphones were sold out in the second quarter of this year globally, up 85% YOY.
The telecom gear and smartphone maker said its total shipment for handsets, mobile broadband and other gadgets has reached 64.21 million during the reporting period.
Huawei attributes this growth to the popularity of its flagship products like Ascend P7 and Mate 2 (4G), as well as the robust sales surge in emerging overseas markets. In Q2 2014, Huawei recorded rapid growth in Middle East and Africa, Latin America, Asia-Pacific regions, with smartphone shipment in these areas rocketed 550%, 275% and 180% in YOY growth respectively, according to the firm.
The company’s annual smartphone shipment for 2013 stood at 50 million. The group generated a revenue of more than 135.8 billion yuan (around US$22 billion) in the first half of this year, rising 19% YOY, citing its latest fiscal report.
As more Chinese handset makers like Xiaomi, Meizu are making efforts to develop feature-rich smartphones at lower prices, Huawei is trying to tap the premium handset market, where Apple and Samsung have continued to dominate.
Source: TechNode

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