Although most smartphone users would easily name Apple and Samsung as world leaders in the field, far fewer would know that Chinese firm Huawei is the world’s fourth-biggest maker of these devices.
The company recently announced new figures that reveal a 39 per cent increase in smartphone sales in the first half of this year.
The numbers tell the story
China is now the world’s biggest market for handsets, and Apple and Xiaomi are the major players alongside Huawei.
Huawei has been changing strategy by increasing its efforts to dominate the top end of the smartphone market. Shipments of mid-to-high-end devices have increased by 70 per cent over the past 12 months.
In the first half of 2015, more than 48 million devices were shipped globally, resulting in an increase of 87 per cent in sales revenues from handsets and a 30 per cent growth in overall revenue.
China is undergoing somewhat of a financial downturn. This has led to a resulting slowdown in smartphone sales, hitting rivals Samsung and Xiaomi hard.
In the first quarter of 2015, smartphone shipments in China saw their first drop in the past six years, leading some to suggest that a market saturation point would soon be reached.
However, the increased figures from Huawei for the first half of 2015 bucked the trend; their revenue from smartphone sales hit 175.9 billion yuan (£18.2 billion).
The impressive upward turns for handset sales and the revenue from these devices isn’t the only thing that Huawei has in its favour. The company, which is based in Shenzhen, is also one of the largest telecommunications firms in the world.