We’ve all been hearing and writing about the growth of Chinese companies, and now, after we’ve witnessed having seven of the top phone makers be from China (the only exceptions are Apple from the United States, and Samsung and LG from Korea), financial reports for the first half of the year show that those companies are only solidifying their positions.
Huawei, in particular, announced that it has shipped 48.2 million devices globally in the first half of 2015, an 87% increase in phone sales revenues over the same period of last year. This resulted in revenue of $28.3 billion (175.9 billion yuan) for the first half of the year. While we’re still anticipating sales numbers from Lenovo, this figure would allow Huawei to fight for the spot as the world’s third largest phone maker.
Moreover, Huawei also mentions that it’s sold more than 10 million device per month in May and June, meaning that the growth is only accelerating.
Last year, Huawei shipped 75 million phones and fell short of its 80-million target, but this year’s it actually exceeds its schedule on track to the 100 million shipments it aims for in 2015.
Huawei is expected to unveil its Mate 8 flagship in the beginning of September at the IFA trade show, and it’s already launched a series of new devices this year including the metal-made and powerfukl Huawei Honor 7, as well as the dual-camera Honor 6 Plus, and, most recently, the affordable Honor 4A.