The Chinese manufacturer of telecommunications equipment and mobile devices Huawei reported a strong growth in consumer business, which contributed to high sales of smartphones.
According to the results of the first half of 2017, the revenue of the Huawei Consumer Business Group (responsible for the production of computers, smartphones, portable and other consumer electronics) amounted to 105.4 billion yuan (15.6 billion dollars), which is 36.2% more than the year Before.
"Our Consumer Business Group continues to show exceptional growth, which is higher than the market average, strengthening its presence in the leading markets around the world," said the head of the consumer division of the Chinese company Richard Yu..
In January-June 2017, Huawei released more than 73 million smartphones, which is 20.6% more compared to the same period of 2016. According to analysts Gartner for the first quarter, Huawei controls 9% of the global market for smart phones, second only to Samsung and Apple.
Huawei noted that the company's share in the Chinese smartphone market is measured at 22.1%, while in Europe the shipments of these devices under the Huawei brand jumped 18%.