Huawei's revenue growth slowed down, compared to last year

Huawei's revenue growth slowed down, compared to last year
Huawei has gained significant traction as a smartphone manufacturer around the globe this year. But despite having a good year in terms of smartphone sales, the company's revenue growth has slowed down a bit, compared to 2015.

Last year Huawei saw a 35% revenue growth, while this year it reports 32% to its employees. Of course, this doesn't mean that 2016 has been better or worse for the company, since a lot of factors are at play when it comes to a company's revenue.

In an email to employees, acquired by Reuters, Eric Xu, Huawei's rotating chief executive, had this to say for 2016:


He continued by saying that the company will face “even greater global political and economic uncertainties” in 2017. With Donald Trump entering the Oval Office next month, you can't help but to wonder how this will affect Huawei.

Huawei is eyeing the second spot when it comes to smartphone market shares globally, but it would have to compete with Apple's dominance in the US in order to take it. Such attempts could be slowed to a halt by Trump's presidency, considering Huawei is based in China.

via Reuters

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12 Comments

1. Tziggy14

Posts: 625; Member since: Sep 02, 2014

This year the other Chinese OEMs have stepped up their game both in and out of China. No surprise there.

2. SIGPRO

Posts: 2817; Member since: Oct 03, 2012

Apple is feeling the heat! Apple is currently nr 3 and Huawei nr 4.......... Huawie will get nr 3 just watch!

3. Kdk2020

Posts: 42; Member since: Apr 27, 2016

You are as wrong as steve jobs saying that touch screen makes no sense on anything bigger than 9.7inch..back to the matter... Huawei is currently 3rd in the world just trailing behind apple.... In jst bouh 3 yrs... I predict huawei can be second... But to topple sammy.. Huawei will have to do more than offer premium-looking phones.

5. SIGPRO

Posts: 2817; Member since: Oct 03, 2012

You are wrong! Get your facts straight! 1: Samsung 2: BBK Electronics 3: Apple 4: Huawei

6. BobbyDigital

Posts: 2125; Member since: May 29, 2014

I don't know where you're getting your info from but both Gartner and IDC place companies as follows: 1. Samsung 2. Apple 3. Huawei And that's as of Q3 2016. BBK Electronics holds the #4 and #5 spots.

10. SIGPRO

Posts: 2817; Member since: Oct 03, 2012

Wrong BBK holds the second spot! You should calculate Oppo, Vivo and OnePlus together not separately.

12. BobbyDigital

Posts: 2125; Member since: May 29, 2014

That's not how these things work. Stop it. You sound like a delusional fanboy. They may have the same parent company but they are run separate, report separate earnings and so forth and so on. So NO... They're not above Huawei. You don't have to like how these things are officially done. No one cares if you don't or how YOU see it. Your approval isn't needed, wanted or required. Should we count all Android manufacturers under Google since Google owns Android? How about Microsft. Let's count everything that runs Windows OS. That would put them way close to the top.

7. MySchizoBuddy

Posts: 159; Member since: Aug 23, 2011

Apple only sells premium phones. Huawei sells everthing. I'm surprised it hasn't crossed Apple yet.

11. SIGPRO

Posts: 2817; Member since: Oct 03, 2012

What is premium about the iphones......yes only the price!

4. haikallp

Posts: 319; Member since: Feb 10, 2012

Well, they increased thier phone prices this year. The P8 cost $699, the P9 cost $800+. Huawei is no longer the value-for-money brand it once was. Granted, thier phones are generally cheaper that that of Samsung or LG

8. andriodfanboy1

Posts: 169; Member since: Jul 22, 2014

Bought honor 8 blu color 32gb for 460$ in pakistan . Though i admit huawei is going really well and catching up to Samsung quickly

9. andriodfanboy1

Posts: 169; Member since: Jul 22, 2014

In this price all Samsung devices available here can't match performance of this device

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