LAHORE: The tremendous growth of Huawei in the first half of the year 2015, has brought the company to another level and the Consumer Business Group has forecasted that the full year sales of Huawei will surely increase to $20 billion this year.
The reports that have been released by the company have shown the incredible sales growth that Huawei has achieved in the H1 of 2015, with a 69 percent increase the sales recorded are $9.09 billion. It has also been announced that the contribution of consumer business revenue has also grown to 32 percent, which was 24 percent year last year.
Huawei Pakistan, Director Marketing Devices, Fanhong Bruce has said, “Because of the rapid growth scored in the year 2015, the Consumer Business sales forecast for 2015 is $20 billion in comparison to $16 billion last year.”
The remarkable growth strategy adopted by Huawei is inciting business growth in both China and the international market as the Revenue has spurred to 124 percent y-o-y in China whereas in some other regions more than 40 percent growth has been recorded. The regions such as North-East Europe, Western Europe, North Africa, Middle-East and South Pacific have recorded respective, 54 percent, 45 percent, 164 percent, 48 percent and 41 percent year on year growth.
The shipments of Huawei’s high-end smart phones has grown 70 percent, according to the report and it states that the total smart phone shipment ratio has grown to 31 percent, the growth of revenue is 388 percent, total consumer revenue 42.9 percent and the contributed share profit has increased to 44 percent.
