Huawei’s Smartphones Shipment Increases to 153 mn While Revenue Decreases

Huawei’s global shipments figure is around a 153 million, while company’s revenue risen by 15 percent to 600 billion yuan in 2017. This is the lowest growth rate, which is experienced by Huawei in four years. Huawei’s Smartphones Shipment Increases to 153 mn While Revenue Decreases.

No doubt, the Chinese tech giant retains third place and has 10 percent share in global market, But the company is still expected to get minimal profit growth for the past year.

Huawei’s Smartphones Shipment Increases to 153 mn While Revenue Decreases

The company’s strategy of selling high end smartphones with affordable price has served it incredibly well up until now. Huawei is producing best android phones and it seems that in 2018, the company will increase its revenue. As it looks to break into the all-important US market where it will be able to sell elite flagship devices with much higher price tags.

Huawei’s Richard Yu has confirmed that the Mate 10 would make its way to U.S. carriers in 2018 and AT&T will be involved in the rollout. This will help raise brand awareness on a wider scale. But beating Apple and Samsung in U.S market will require tough efforts.

While most recently, Huawei commercial has been played in UK’s cinema. Which means that the company is also entering in the UK smartphones market. It will be the great opportunity to generate high revenue.

Read Next: HUAWEI Embarks on a Fully Connected Intelligent Era to Achieve Global Prominence

 

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