Huawei Consumer Business Group has announced its financial results for the first half of 2017 with a sales revenue of Chinese Yuan ¥105.4 billion, that has increased by 36.2% annually.
Huawei made the announcement on Saturday.
"Our Consumer Business Group continued to deliver extraordinary growth, beating the industry average and penetrating high-end markets around the globe,” said Richard Yu, chief executive officer of Huawei’s Consumer Business Group.
He said: "This ongoing growth is testament to the strength of the Huawei brand and the momentum we've built through delivering premium, market-redefining devices that resonate with today's discerning consumers."
According to industry analysts International Data Corporation (IDC), Huawei's market share rose to 9.8% of the global smartphone market. This growth was driven by a significant increase in sales of mid-range and high-end smartphones in key geographies.
The Huawei Consumer Business Group also experienced major breakthroughs in Asia-Pacific markets including Bangladesh, Thailand, Malaysia, Japan and South Korea.
Tuesday, July 21, 2026
