Today, Huawei Consumer Business Group has released its Q2 financial results of 2017. According to the report, the sales revenue for the first six months of 2017 increased by 36.2% year-on-year to CNY105.4 billion. Smartphone shipments also rose to 73.01 million, a year-on-year increase of 20.6%.
Thanks to the sales of mid-range and high-end smartphones, Huawei laid claim to 22.1 % of the China market where shipments increased by 24 percent year-over-year. The company also saw rapid growth in smartphone shipment across Europe, reporting 18% year-over-year growth in Central and Eastern and Nordic Europe.
Other major key geography breakthroughs in Asia-Pacific markets include Thailand, Malaysia, Japan and South Korea. Russia also grew strongly. Meanwhile, according to the research of GfK and Sino, Honor brand consecutively topped both the Internet smartphone sales volume and sales revenue in China from January to May, 2017.
This year, Huawei was named number 49 on BrandZ’s Top 100 Most Valuable Global Brands, number 88 in Forbes World’s Most Valuable Brands and number 40 on the Brand Finance Global 500 Most Valuable Brands lists.
For the full report of its Q2 Financial Report, kindly visit this page here for more information.
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