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Wireless

Allview's turnover halved to RON 76 million in 2018

Thursday 6 June 2019 | 07:49 CET | News
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Romanian electronics company Allview's turnover plunged 51 percent year-on-year to RON 75.9 million in 2018 for the second consecutive year due to the tough competition in the smartphone market with international giants Samsung and Huawei, according to local paper Ziarul Financiar. However, CEO Lucian Peticila said the company's revenues since the start of 2019. Allview's steep fall in turnover to RON 157 million in 2017 from RON 306 million in 2016 was mainly caused by the company's decision to exit the cheap smartphone segment.

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Categories: Mobile & Wireless
Companies: Allview / Huawei / Samsung
Countries: Romania
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