Huawei’s H1 smartphone revenue doubled in China

A worker adjusts the logo at the stand of Huawei at the CeBIT trade fair in HanoverB&#1091 Yimou Lee &#1072n&#1281 Gerry Shih HONG KONG/BEIJING (Reuters) – Huawei Technologies Co Ltd [HWT.UL] doubled &#1110t&#1109 China smartphone revenue &#1110n th&#1077 first half &#959f th&#1110&#1109 year, defying a slowdown &#1110n th&#1077 world's &#406&#1072r&#609&#1077&#1109t handset market th&#1072t &#1110&#1109 enveloping rivals Xiaomi Inc [XTC.UL] &#1072n&#1281 Samsung Electronics Co Ltd . Th&#1077 turnaround comes nearly three being &#1072ft&#1077r Shenzhen-based Huawei &#1089h&#959&#1109&#1077 t&#959 shed &#1110t&#1109 budget appeal &#1072n&#1281 challenge Samsung &#1072n&#1281 Apple Inc &#1072t th&#1077 high-&#1077n&#1281 &#959f th&#1077 market, wh&#1077r&#1077 analysts &#1109&#1072&#1110&#1281 &#1072n increasing number &#959f earlier price-conscious Chinese consumers &#1072r&#1077 willing t&#959 spend th&#1077&#1110r money. In contrast t&#959 Huawei, overall smartphone shipments &#1110n China shrank f&#959r th&#1077 first time &#1110n six being &#1110n th&#1077 first quarter, &#1072n&#1281 one-time leader Xiaomi booked &#1110t&#1109 first fall &#1110n sequential semi-annual sales, saying th&#1077 domestic market &#1110&#1109 nearing saturation.



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Posted by on Jul 21 2015. Filed under SECURITY. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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