Huawei's Smartphone Sales Up By Nearly a Third
Published on: 1st Aug 2014
Note -- this news article is more than a year old.
Huawei saw its smartphone sales rise by nearly a third in the first half of this year compared to a year ago, according to a leaked copy of an internal memo.
In an email, Richard Yu, the head of Huawei's consumer business group, said that sales income from the company's smartphones and consumer products division rose 30% in the first half of this year.
The revelation is significant as the company does not break down its sales figures when it releases financial results, leading to a certain air of mystery about how the divisions are performing.
In the memo, Richard Yu added that Huawei's strategy of focusing more on mid- to high-end smartphones, rather than selling the cheapest phones on the market, is working well.
Mr. Yu also noted that smartphone sales growth was particularly strong in northern Latin America, including Mexico, Colombia, Venezuela and Ecuador, as well as the Middle East, Africa and Southeast Asia.
Huawei is estimated to have a global market share of around 5 percent of the smartphone market.