Huawei becomes world’s second largest smartphone manufacturer

Written By: Claire Wanja
1420

The company reported solid growth, with global smartphone shipments at 95+ million units.
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Huawei Consumer Business Group (CBG) Friday announced its business results for the first half of 2018.

According to IDC, Huawei rises to become the world’s second largest smartphone manufacturer in Q2 with the global market share of 15.8%.

Richard Yu, CEO of Huawei Consumer Business Group, said, “The past six months have been incredible for Huawei CBG, marked by robust growth of our business across all markets and product lines. Our success is owed to our commitment to innovation and, most importantly, our customers. Moving forward, Huawei will remain focused on continually improving our offerings with an emphasis on on-device AI, cloud and the wider Huawei ecosystem.”

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The business performance highlights included HUAWEI P20 Series which has been very well received among the fashion-forward consumers. The global shipments of the HUAWEI P20 Series surpassed 9 million units.

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Then HUAWEI Mate 10 Series which set the trend for mobile AI and strengthened the company’s position in the high-end market with global shipments of over 10 million units.

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Globally, the number of HUAWEI nova Series smartphone users exceeded 50 million, contributing to growth of the overall mid-range smartphone market. Total shipments of the nova Series increased by 60 percent year-over-year and Huawei wearables which achieved a remarkable 147 percent increase year-over-year

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Retail business has grown and now Huawei operates over 53,000 Huawei stores and 3,500 Huawei Experience Stores globally.

The company plans to bolster its retail network by adding another 10,000 retail stores and 700 Experience Stores around the world before the end of 2018.

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