Huawei’s smartphone shipments have been picking up pace rapidly over the past few years. The company has now revealed that it shipped more than 100 million smartphones in the first three quarters of this year. It has seen a 19 percent year-over-year growth in the number of smartphones shipped in the first three quarters of a year.
The company has revealed that this growth has caused its operating revenue to surge by more than 30 percent in the January to September 2017 period. Huawei also increased the number of its worldwide retail outlets this year by 19 percent year-over-year to 42,300.
Huawei is certainly not going to rest on its laurels. The company is planning to launch more mid-range and high-end products to further expand its reach in the global smartphone market. It’s also going to work to improve its brand image.
It’s hopeful that it will be able to win more high-end customers. Huawei has more than 10,000 employees around the world that are dedicated to research and development. It’s hoping that they will come up with technologies that help the company sell more high-end devices, a segment of the market where profit margins are higher.
Huawei is racing towards the coveted spot of the world’s largest smartphone vendor, a position that has long been held by Samsung. It crossed Apple earlier this year to become the second largest vendor in the world. Huawei is already the top smartphone vendor in its home country of China.
Filed in . Read more about Huawei. Source: chinadaily.cn