Huawei proves people are still buying new smartphones
The US-led Huawei backlash isn't hurting the company's bottom line. Buoyed by strong smartphone sales in its native China, the electronics manufacturer reported a 19.5 percent increase in 2018 revenue, breaking the $100 billion mark for the first time. Net profit also surged by over 25 percent compared to a year ago to hit 59.3 billion yuan ($9 billion).
While weak smartphone demand in China has dented both Apple and Samsung's respective earnings, Huawei is cleaning up at home thanks to its popular P series and Mate series handsets. Overall, its smartphone unit witnessed a 45 percent jump, with its native China leading the sales spree. At $52 billion, consumer electronics is now the company's biggest money spinner, accounting for almost half of its $107 billion revenue.
But the picture wasn't rosy all-round. Huawei's carrier business dipped ever so slightly by 1.3 percent amid US pressure to stop its allies from purchasing the company's 5G equipment. Australia has already caved and the latest news suggests the UK may follow suit.
Sorry donald duck no i mean trump but your accusations have not worked ?
This article news is so old and twisted. This has nothing to do with 2019 sales. And the Asian f00ls are busting a gasket and chanting.
oh you are upset poor little s??t head ? just remember 45% hauwei in increase sales and the sales of the iphone in decline !
germany found apple guilty of two ip patents theft s
as the headline says hauwei proves people are still buying new smartphones , and apple proves people are not buying the apple iphone ? they are in decline since the iphone 6 ?
Love my hauwei phone. Absolute bargain and very high quality!
huawei , the second largest selling smartphone brand worlwide , no wonder apple don’t like them ?
So the decline in the sales of the iphone are in decline and has been since the iphone 6 and hauwei havea 45% increase in sales well is the worldwide consumer lucky !
45% increase isn’t that great ?
Yes, I’d imagine that it’s fantastic for the company.
Apple products are proudly designed in USA, but manufactured, assembled and produced in China and even by their competitors. So I don´t know why apple extremist trash the competition brands... without them there will be no apple products.
They are assembled at Foxconn and Pegatron, using components from other companies’ components divisions, not their smartphone divisions.
I don’t know why Android extremists trash Apple because without Apple, there would be no Android.
I sm only glad that apple are giving up on the mobile phone snd going more fot the services sector now samsung can concentrate on the 90% marketshare of android !
apple is next years blackberry ?
I hope Huawei keep it low. Chairman Mao told them to be humble, bragging is cheap! hehe
Huawei proves that even though the US government is acting like a bully and trying to fight them they are standing tall and doing well
thats because their smartphones are worth the cost to buy them , they are not overpriced overrated over hyped like you know who ?
just remember the tech websites review scores ... apple 9 everybody else 8 and samsung and microsoft 7 ?
Glad you’re finally acknowledging Apple is better than Samsung and Microsoft :)
No wonder apple are going over to the services sector , they lost the mobile phone !
they are next years blackberry ?
Huawei’s sales are eating heavily into Samsung’s and “other Android OEM” sales, iPhone is much less affected because it’s not Android.
If Huawei gets to US market it spells disaster for Samsung.
Huawei’s phone ASP is somewhere slightly above $200. That’s quite telling when it comes to who is affected by Huawei’s success and who’s not.
Tough times ahead for Android OEMs.
Most of Samsung's sales in the US are flagships, which are priced only slightly less than Apple. Not sure why you're trying to spin Samsung's phones as budget products, but you are right that Huawei's flagships could affect Samsung's flagship sales more, just because of those who prefer Android over iOS.