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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Wednesday, October 28, 2015

Huawei Storms Smartphone Market

Huawei said it shipped 27.4 million smartphones in the three months ending September 30th, representing a year-on-year increase of 63%. The Shenzhen-based equipment maker estimated that industry-wide smartphone shipments in 2015 will grow 9.3% year-on-year.

"This quarter’s results clearly showcase the continued success of our growth strategy,” said Richard Yu, CEO of Huawei Consumer business group. “We are especially proud of the stellar growth we’ve seen outside of China and the increased demand for our mid-to-high end devices. At this rate, we are confident in our ability to reach our smartphone shipment target of 100 million units by year’s end.”

Huawei said its smartphone shipments to Europe and the Middle-East-and-Africa regions grew by 98% and 70% respectively year-on-year. The division also enjoyed considerable success in China during the quarter, reporting a year-on-year shipment increase of 81%. source: Huawei statement

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