Huawei posts a financial report for 2014, its mobile division scores a revenue of $12 billion

Huawei posts a financial report for 2014, its mobile division scores a revenue of $12 billion
Huawei is not only one of the most prominent smartphone manufacturers in China, but also one of the largest in the world in terms of sold devices. From the looks of it, everything is good for the maker of devices like the Ascend Mate7 and the Ascend P7, as its most recent financial reports is quite favorable. The company has scored a neat 21% revenue increase for the last fiscal year; the increase from the year before (2013) is even bigger at 33%. The China-based giant accounted for global earnings of 288.2 billion yuan (roughly $46.4 billion) and brought home 27.9 billion yuan (roughly $4.5 billion) in pure profits.

Broken down by segments, the mobile division of the company accounts for a revenue of $12.2 billion, a 32.16% increase over the previous year. 


Of course, these good financial results are due to the large number of devices that Huawei sold last year - approximately 75 million handsets. The fiscal 2015 will certainly be another important year for Huawei, as the competition on the market is fiercer than ever. 

The company's next move - the Huawei P8 (that's right, Huawei is dropping the "Ascend") - will be unveiled pretty soon, probably on April 15. The device has already been certified by TENAA and is said to come with a 5.2-inch 1080p display, a 64-bit octa-core Kirin chipset, 3GB of RAM, and a 13MP rear camera.


source: Huawei

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15 Comments

1. JaneChenLong

Posts: 374; Member since: Mar 18, 2015

This is a proof that Android manufacture other than Samsung can make a GOOD PROFIT. A US$4.5 billion profit!!! (compared to a phone company that just report a US$20 million profit)

2. seven7dust unregistered

but it's basically a part of samsungs profit , isn't it !!! these guys are eating into samsungs marketshare and profits in asia. thats not really healthy if you ask me.

3. JaneChenLong

Posts: 374; Member since: Mar 18, 2015

Why bad? Samsung vs. Huawei & other is good for us. If Samsung marketshare is still solid, samsung won't bother to introduce the A/E series (premium mid-high, premium mid). What is bad is Apple getting the profit for doing almost nothing. Or Blackberry/Microsoft trying so hard but nobody cares.

6. Finalflash

Posts: 4063; Member since: Jul 23, 2013

Well yea, you can see the difference in pushing the boundaries between iOS and Android this very year. Just the jump between S5 to S6 is night and day much less all the other manufacturers. The jump from iPhone 5s to 6 was just a screen size bump bringing it to 2012 level and a bit better for the 6+ bring it to 2013/14 with OIS and 2 GB RAM. That, not to mention the downgrade in design that accompanied both iPhones.

8. BobbyDigital

Posts: 2125; Member since: May 29, 2014

What do BlackBerry and Microsoft have to do with this article? Besides you being a dam troll? Seriously dude, your hard on for BlackBerry is ridiculous now Waky Wahu.

13. meanestgenius

Posts: 22222; Member since: May 28, 2014

What is it with you and the trolling of BlackBerry? And now you're trolling Microsoft too? Neither OEM has anything to do with this article, so cut the trolling and stick to the topic at hand.

5. Dubs816

Posts: 39; Member since: Jun 02, 2014

Huawei's mobile division didn't make $4 billion in the profit. The Huawei as a whole made $4 billion in profit. The mobile division made far less.

7. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

Please read the title again. Very confusing yuan, US dollars or pounds?

9. BobbyDigital

Posts: 2125; Member since: May 29, 2014

Dudeā€¦ Why do you have a woman's name?

10. tedkord

Posts: 17410; Member since: Jun 17, 2009

That $4.5 billion is for the entire company. They didn't list the profits from their smartphones. I'm betting they're a small fraction of that.

12. meanestgenius

Posts: 22222; Member since: May 28, 2014

Your trolling of BlackBerry even when they are not even mentioned in the article is beyond pathetic.

14. meanestgenius

Posts: 22222; Member since: May 28, 2014

The 4.5 billion in pure profits NOT just from smartphones, but from ALL of the companies ventures. Their profit from smartphones is much, much smaller. If the 12.2 billion is in yuan, as I suspect it is, then the 12.2 billion yuan for their mobile division equates to 1.99 billion U.S. BlackBerry, the company in which you are comparing to HUAWEI even though BlackBerry has absolutely NOTHING to do with this article, makes a profit off of every smartphone they sell, no matter if the amount sold is less than others. Can HUAWEI and other Android vendors say the same? It is a fact that many low cost Android vendors have razor thin profit margins, selling handsets at or near cost.

15. arenanew

Posts: 286; Member since: Dec 30, 2013

fake huwei fake profit

4. itsdeepak4u2000

Posts: 3718; Member since: Nov 03, 2012

Good going Huawei.

11. tedkord

Posts: 17410; Member since: Jun 17, 2009

"Foreign exchange gains also had a big impact on the company's earnings, because it generates more than 60% of its revenue abroad" From the BBC news article on this story.

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