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Huawei Increases sales revenue by 36.2% in First Half 2017

Things are getting good for Huawei as they reported increase sales revenue by 36.2% compared to the same time period last year. The company says its smartphone shipments have increased over 20% when compared to last year, coming in at 73.01 million units. Some reports claim Huawei took up about 9% of the global smartphone market, but the company says they had 22.1% market share in Greater China alone.

 Overall revenue for Huawei during the first half of the year, the company was able to bring in $42.04 billion, at an operating margin of 11%.Indeed Huawei is doing better than other big giants in many aspects, 36.2% increase in revenue is a big success for them. As per reports Huawei is looking forward to invest in artificial intelligence programs and machine learning projects. Things are getting good for them indeed.

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