Huawei Technologies increased its smartphone sales 39 percent year-on-year in the first half of 2015 to 48.2 million phones. Shipments of mid- and high-end devices surged 70 percent and accounted for 31 percent of total handset shipments and 42.9 percent of total revenue from mobile devices.
Huawei said revenue in its consumer business group rose 69 percent to USD 9.09 billion in the first half, accounting for almost a third of the company’s total sales. Of the total, handset revenue climbed 87 percent to USD 7.23 billion. Huawei earlier reported that its total sales for the first six months of 2015 increased 30 percent to CNY 175.9 billion (USD 28.3 billion).
Richard Yu, Huawei's CEO for the consumer business, said the "incredible" growth in the first half prompted the company to raise its forecast for the full year. It now targets USD 20 billion in consumer revenues, up from an earlier estimate of USD 16 billion.
Huawei reported particularly strong sales growth in the consumer market in China, where its revenues rose 124 percent year-on-year in the first half. It also achieved triple-digit growth in Spain and Italy. Citing figures from GfK, Huawei said its share of the global smartphone market increased steadily in the first half, going from 6.7 percent in January to 8.8 percent in May. In Spain and Italy it already had over 20 percent of the market.
Among the company's top smartphones, the Huawei Mate7 shipped a global total of 5 million units in the first half, the P7 recorded cumulative sales of 7 million units, and the P8 reached over a million units sold in its first two months on the market.
