Huawei’s annual revenue reached an impressive $109 billion

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The company Huawei in August changed the forecasts for the supply of smartphones from 180 million to 200 million, the Company said that it will be able to break the record by December 25, a few days earlier Huawei announced publicly to overcome the threshold of 200 million shipped devices. This is a new record for Huawei, which is justified by the high popularity of smartphones P20, Mate 20 and Honor line.

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Such a jump would undoubtedly have affected the company’s revenues. So, according to colleagues from Reuters, Huawei Chairman said that this year the company’s revenue will be 109 billion dollars. This figure is 21% better than last year. And this figure is significant by the fact that the company for the first time overcame the mark of $ 100 billion.

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That’s not all that’s interesting. The rapid growth of Huawei against the background of stagnation of Samsung and Apple did not stop even the various warnings of the US government regarding the acquisition of Huawei smartphones. Since 2012, according to colleagues from phonearena, the US government considers Huawei a threat to the national security of the country. The danger may lie in the secret transfer of information about users to the government of China.

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Huawei is the new market leader?

Huawei has not been considered a serious player in the smartphone market for many years. A few years ago, the company was in the shadows, and only with the release of Huawei P20 and P20 Pro about the company began to talk around the world. I still remember the first smartphone in the Honor line. Back in 2011 Huawei introduced Honor U8860 in Russia. The device offered powerful iron at a low price. Already in 2011, the company’s policy to promote devices with the best price-performance ratio was traced, and only with the release of Honor 10 and P20 Huawei became a real major player in the world market.


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Updated: January 1, 2019 — 5:51 pm

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