Huawei reports 33% gain in net profit for 2015; smartphone shipments rise by 44%

Huawei reports 33% gain in net profit for 2015; smartphone shipments rise by 44%
ccHuawei had a very good year in 2015. The company established itself as the third largest smartphone manufacturer behind only Samsung and Apple, released its first Nexus handset (the Nexus 6P), and launched some other well-received handsets. The company also gave notice to Samsung and Apple that it plans to become the largest smartphone manufacturer on the planet in five years.

The company recently disseminated its 2015 earnings report, which showed a 33% gain in profits to $5.7 billion USD. Revenue rose 37% to $60.9 billion USD. Higher investments in R&D reduced the company's gross margin from 44.2% to 41.7%.

Huaweii's consumer device business, which includes smartphones and tablets, saw revenue increase by a hefty 73% in 2015 to $19.9 billion USD. The company shipped 108 million smartphones last year, a 44% increase over 2014's numbers. Samsung shipped 319.7 million smartphones in 2015 while Apple delivered 231.5 million iPhones last year.

Nicole Peng, Asia-Pacific research director at Canalys, sees Huawei continuing to make strides with its smartphone business. She told CNBC that there are "growth opportunities for Huawei's smartphones, as it could win over consumers from Samsung and Apple, which have been struggling to create more innovative products."

The next big launch for Huawei will be the Huawei P9 flagship, which is expected to come with a dual camera set up and the Kirin 950 chipeet under the hood. That device will be introduced on April 6th.

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source: CNBC



1. obedchuni

Posts: 339; Member since: Jun 16, 2014

Well who says no one makes money with android

3. gaming64

Posts: 234; Member since: Mar 22, 2016

Only retards speak of that statement.

4. Finalflash

Posts: 4063; Member since: Jul 23, 2013

Lol the theme of this year is that no one makes money with Apple....except Apple. I think 3 of their suppliers are in the red and the rest are dropping profits.

18. justrt

Posts: 446; Member since: Jul 10, 2014

Foxconn makes money

6. HugoBarraCyanogenmod

Posts: 1412; Member since: Jul 06, 2014

Non-Chinese manufacturer barely earn money from Android. Truth hurts

8. Sidewinder

Posts: 515; Member since: Jan 15, 2015

Mostly because they're not stepping up like Samsung while the Chinese manufacturers are simply filling up the void left by the big names

11. MSi_GS70 unregistered

Everybody should hold respect for huawei .. they are doin' great

14. jroc74

Posts: 6023; Member since: Dec 30, 2010

Damn...beat me to it. I was only 4 hours late lol

21. joeytaylor

Posts: 957; Member since: Feb 28, 2015

Where is bobbybuster?

22. BobbyDigital

Posts: 2125; Member since: May 29, 2014

My groupie girl Bobby Buster is on a well deserved ban from PA. Good riddance I say.

25. MySchizoBuddy

Posts: 159; Member since: Aug 23, 2011

The profits mentioned are for the entire company they didn't mention the profits for its smartphone business. No one except Samsung makes money from android. But only a small amount compared to apple

2. ibend

Posts: 6747; Member since: Sep 30, 2014

third largest smartphone manufacturer? but huawei really rare here, just like oppo and oneplus :-/ but maybe they have huge market in asia..

5. NoAllegiance unregistered

Just imagine if they lay off the iOS UI. I think that is the only thing that bothers me.

7. gaming64

Posts: 234; Member since: Mar 22, 2016

I don't think iOS and Android look alike. Android has a more natural color hue used while everything on iOS is just glossy. Both have great UI though so I don't bother much.

9. Mercedes-Benz

Posts: 403; Member since: Jan 18, 2015

He meant the huawei emotion ui looks too much like iOS

17. DnB925Art

Posts: 1168; Member since: May 23, 2013

Buy a Nexus 6P. Stock Google UI.

19. justrt

Posts: 446; Member since: Jul 10, 2014

Where you at? Huawei Are big in Asia and now in Europe too!

10. Mercedes-Benz

Posts: 403; Member since: Jan 18, 2015

The only good phone they have is the nexus 6p

12. NoToFanboys

Posts: 3231; Member since: Oct 03, 2015

Mate 8

23. Novage

Posts: 52; Member since: Nov 10, 2015

The 6p is one of the worst Huawei phone from 2015

24. Sovat_fc

Posts: 224; Member since: Aug 30, 2014

@Novage - What are you smoking, dude?

27. justrt

Posts: 446; Member since: Jul 10, 2014


13. gauthamkailash

Posts: 9; Member since: Jan 23, 2016

Huawei is the shiz, just gotta improve their software.

15. AZNHA unregistered

what if Huawei follow Oneplus step ? make the UI close as the stock android with bunch of features that already present in Emotion UI ..

16. kindlefireowner

Posts: 504; Member since: Dec 05, 2011

Huawei making $5 billion dollars in profits in 2015 is good to hear. By comparsion, Apple made $18 billion in profits the last 3 months of 2015. Huawei profits came out of Samsung's pockets. Which is actually good because people are willing to buy Android phones not made by Samsung.

20. Subie

Posts: 2442; Member since: Aug 01, 2015

Just shows what getting the Nexus contract last year did for their image! Good for Huawei.

26. gauthamkailash

Posts: 9; Member since: Jan 23, 2016

Their mate series is perfect. All they have to do is step up their p series and improve on their software.

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