Huawei on the rise: posts a record-breaking revenue for 2014, smartphone sales have skyrocketed

Huawei on the rise: posts a record-breaking revenue for 2014, smartphone sales have skyrocketed
Although it might be dwelling in the shadow of Samsung and Apple, Huawei is one of the most serious contenders for the third spot on the market, fiercely battling with Xiaomi, Lenovo, and a slew of other rivals. This battle has proved to be quite fruitful for Huawei - the China-based giant just posted its financial report for 2014, and from the looks of it, there are numerous reasons to pop the champagne and throw a party.

Huawei just revealed that its revenue has increased 30% in 2014. As a whole, the company has brought $12.2 billion home - a record-breaking result, as Huawei claims it has never before crossed the $10-billion revenue mark. The culprits for these outstanding financial results are the 138 million sold devices, both feature phones and smartphones. As far as smartphones are concerned, the company saw profit on 75 million units, which is a 45% increase in comparison with 2013, a pretty impressive bump in the results.


The top dogs in the portfolio are the Huawei Ascend P7, four million units of which got sold during the first six months of its existence on the market, and the Ascend Mate7, roughly two million units of which got sold across the globe. The lower-positioned Honor line of devices also proved to quite successful branch of the portfolio, amassing roughly 20 million units sold.

As far as 2015 is concerned, Huawei reveals it will focus on high-end and mid-range devices, hoping to sell more than 100 million units. Well, we can't wait to see what Huawei's going to unveil at its MWC event later this year!


source: Huawei

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15 Comments

1. itsdeepak4u2000

Posts: 3718; Member since: Nov 03, 2012

Great! Congrats Huawei...

2. Cicero

Posts: 1134; Member since: Jan 22, 2014

Thought times will coming for phones market with sharp competition between.

3. NihonDaisuki unregistered

China is feeling exhausted to word of bad.

4. Settings

Posts: 2943; Member since: Jul 02, 2014

This the only China phone OEM whom people really trust. They know how to do their phone right.

6. TylerGrunter

Posts: 1544; Member since: Feb 16, 2012

Seriously? How about Xiaomi? I would rather go for many other chineese brands before Huawei: Lenovo, Xiaomi or Meizu are just three examples. My reason for it is that Huawei always uses their own Kirin SoCs which are always one step behind the competition. For people that don't care much about peformance I guess that's OK, but for geeks that's a no go. It's like buying phones with Mediatek SoCs and thinking you got yourself a flagship.

8. Kruze

Posts: 1285; Member since: Dec 30, 2014

Their own Kirin chipsets are not bad. Yes, it might not be as good as Snapdragon, but it's better than Mediatek. As always, more competition is better, even chipsets. I'm a geek, but my favorite Chinese manufacturer is Huawei. Might get a Huawei phone if I get bored of Sony phones lol.

12. TylerGrunter

Posts: 1544; Member since: Feb 16, 2012

I didn't say their SoCs are bad, just not on par with the top ones. As for what's better> Mediatek or Kirin? There is a lot to discuss there, as it depends on which SoCs we talk about and I would say their tops SoCs are pretty much in line.

9. Settings

Posts: 2943; Member since: Jul 02, 2014

Xiaomi? Really? They bad mouth their competitors, call their devices "innovations" and always claim no. 1. Their phone are chimeras for chrisakes! Talk about innovation? Snapdragon SoC Sony camera Sony battery cell Atmel chips Toshiba ROM Samsung RAM Qualcomm audio chip Yet they say others suck while Xiaomi blatantly copies whatever their supplier has.

11. TylerGrunter

Posts: 1544; Member since: Feb 16, 2012

?? Everyone does that, both in the smartphone world and the PCs. As far as the phone is good I don't see why me (or anyone) should care that they use what the market provides. Loads of OEMs do exactlyt hat. Even Samsung uses Sony camera modules most of the times, or Apple.

10. faizan-sharif

Posts: 98; Member since: Jun 26, 2013

Xiaomi and Meizu are right , but lenovo does nt come in the example as they use really cheap stuff for the cheap devices, others know how to provide premium in cheap price

13. TylerGrunter

Posts: 1544; Member since: Feb 16, 2012

Huawei not being preciselly a good example for that in the cheaper part of the market...

15. Neo_Huang

Posts: 1067; Member since: Dec 06, 2013

Actually, I think most people would trust Lenovo more.

5. AlikMalix unregistered

The new Samsung!?

7. Kruze

Posts: 1285; Member since: Dec 30, 2014

Go, Huawei! Show us your kungfu!

14. jehgan

Posts: 3; Member since: Jun 05, 2013

Slow or No Firmware updates!!! Boo!

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