Huawei Bucked Global Smartphone Sales Slump in January, GFK Says

[cirr]

Huawei Bucked Global Smartphone Sales Slump in January, GFK Says

XU WEI

DATE : MAR 28 2019/SOURCE : YICAI

Huawei Bucked Global Smartphone Sales Slump in January, GFK Says

(Yicai Global) March 28 -- China's Huawei Technologies, the planet's second-largest smartphone maker, was the only manufacturer among the world's top 10 to increase sales in January amid a global slump, according to data from German researcher GFK.

The Shenzhen-based firm's sales gained 21 percent annually to 11.1 million units, GFK said in a report published yesterday. Combined sales tallied 59.1 million, with Samsung losing 41 percent to 9.5 million handsets, ranking second, and Apple coming in third after sales slipped 21 percent to 8.8 million units.

Honor, also owned by Huawei, expanded sales 11 percent to 5.4 million units, ranking sixth. Oppo Electronics and Vivo Communication Technology, both owned by BBK Electronics, completed the top five.

Global sales excluding China tallied 28.5 million devices, down 35 percent on the year with Samsung, Apple and Huawei the top three sellers. Even outside of China, Huawei and Honor were the only brands to achieve annual growth. Honor outpaced its parent brand Huawei as sales multiplied two and a half times over.

Editor: James Boynton

https://yicaiglobal.com/news/huawei-bucked-global-smartphone-sales-slump-in-january-gfk-says

 

[cirr]

 

[Dungeness]

This report is not authentic, and GKF has denied it.

 

[sinait]

This report is not authentic, and GKF has denied it.

News in Singapore, Channelnews Asia reported Huawei had record sales.
Should be true, considering the immense publicity given to Huawei, thanks to Trump.
There will also be lots of sympathy for Huawei.
My next phone will be a Huawei.
.

 

[Nan Yang]

Here’s proof Huawei is now a titanic consumer brand
Revenue from the smartphone division ballooned by 45 percent

• By Jon Porter
• on March 29, 2019 6:16 am

Illustration by William Joel / The Verge
Huawei has announced record financial results for the last year. The company’s revenue increased to $105 billion, a 20 percent annual rise, while profit was up by 25 percent to $8 billion. The New York Times notes that the results put Huawei in the same league as Google and Microsoft, which both passed the $100 billion milestone last year.

The strong results were driven by a massive 45 percent growth in revenue from Huawei’s smartphone division. Its consumer electronics unit as a whole made up almost half of the company’s revenue for the past year, generating around $52 billion in revenue off the back of flagship phones such as the Mate 20 Pro and P20 Pro.

Reutersnotes that revenue from this unit fell by 1.3 percent last year, although Huawei explained that the fall was caused by telecoms investment cycles. Huawei isn’t a publicly traded company, but publishes audited financial results annually. Intense worldwide scrutiny of the company could lead to more challenges for this division in the future however, especially if Huawei’s equipment gets banned for use in forthcoming 5G networks.

The US is currently considering a ban, while a report produced by a UK government watchdog raised serious concerns about Huawei’s cybersecurity practices. Australia has also banned the use of the company’s equipment in its next-generation network, while the EU will leave the decision up to its individual member states.

Huawei has repeatedly denied allegations that it would be willing to spy on behalf of the Chinese government, and has said it takes privacy and security seriously. In today’s earnings release it said that, “cybersecurity and user privacy protection are at the absolute top of [its] agenda.”

The company’s rotating chairman Guo Ping admits that criticism from the US government has caused “a certain amount of trouble” for the company, but he is keen to downplay these concerns. He likens the US to a rude dinner party guest. “We Chinese would say that they don’t mind their table manners,” Guo said, “I feel very sorry for these so-called gentlemen.”

Neocons running the white house What can go wrong .

Here’s proof Huawei is now a titanic consumer brand
Revenue from the smartphone division ballooned by 45 percent

• By Jon Porter
• on March 29, 2019 6:16 am

Illustration by William Joel / The Verge
Huawei has announced record financial results for the last year. The company’s revenue increased to $105 billion, a 20 percent annual rise, while profit was up by 25 percent to $8 billion. The New York Times notes that the results put Huawei in the same league as Google and Microsoft, which both passed the $100 billion milestone last year.

The strong results were driven by a massive 45 percent growth in revenue from Huawei’s smartphone division. Its consumer electronics unit as a whole made up almost half of the company’s revenue for the past year, generating around $52 billion in revenue off the back of flagship phones such as the Mate 20 Pro and P20 Pro.

Reutersnotes that revenue from this unit fell by 1.3 percent last year, although Huawei explained that the fall was caused by telecoms investment cycles. Huawei isn’t a publicly traded company, but publishes audited financial results annually. Intense worldwide scrutiny of the company could lead to more challenges for this division in the future however, especially if Huawei’s equipment gets banned for use in forthcoming 5G networks.

The US is currently considering a ban, while a report produced by a UK government watchdog raised serious concerns about Huawei’s cybersecurity practices. Australia has also banned the use of the company’s equipment in its next-generation network, while the EU will leave the decision up to its individual member states.

Huawei has repeatedly denied allegations that it would be willing to spy on behalf of the Chinese government, and has said it takes privacy and security seriously. In today’s earnings release it said that, “cybersecurity and user privacy protection are at the absolute top of [its] agenda.”

The company’s rotating chairman Guo Ping admits that criticism from the US government has caused “a certain amount of trouble” for the company, but he is keen to downplay these concerns. He likens the US to a rude dinner party guest. “We Chinese would say that they don’t mind their table manners,” Guo said, “I feel very sorry for these so-called gentlemen.”

Neocons running the white house What can go wrong .

 

[rambro]

Thanks to the free marketing i guess hahahaha

 

[faithfulguy]

News in Singapore, Channelnews Asia reported Huawei had record sales.
Should be true, considering the immense publicity given to Huawei, thanks to Trump.
There will also be lots of sympathy for Huawei.
My next phone will be a Huawei.
.

Another example to prove Trump is an idiot.

“The only national emergency is the our president is an idiot”— Ann Coulter.