Huawei Q2 / 2019: Revenue of 32.2 billion USD increased by 23%, sold 59 million smartphones, market share engulfed other rivals in China

Tram Ho

According to the latest report, Huawei earned 221.6 billion yuan (about 32.2 billion dollars) of revenue in Q2 / 2019 (from early April to the end of June). This is a 23% growth, despite difficulties caused by the US-China trade war and the suspension of cooperation with US technology companies.

Huawei Q2/2019: Doanh thu 32,2 tỷ USD tăng 23%, bán được 59 triệu smartphone, thị phần nhấn chìm các đối thủ khác tại Trung Quốc - Ảnh 1.

Net profit margin reached 8.7% on revenue, equivalent to $ 58.3 billion after the first 6 months of 2019. Huawei also said it sold 118 million smartphones worldwide in the first half of this year, 59 million. each quarter, corresponding to 24% growth over the same period last year.

Liang Hua, chairman of Huawei, said: “Our revenue increased sharply in May, despite Huawei being blacklisted by the US. It also means that we have no problems. They can affect our growth in the short term, but that doesn’t stop our progress. ”

Huawei Q2/2019: Doanh thu 32,2 tỷ USD tăng 23%, bán được 59 triệu smartphone, thị phần nhấn chìm các đối thủ khác tại Trung Quốc - Ảnh 2.

Besides, market analysis company Canalys also released new statistics, showing Huawei’s increasing dominance in the Chinese market. At home, Huawei crushed other rivals by taking 38% of the market. Second is OPPO with 18% and Apple with only 6%.

Reference: Theverge

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Source : Trí Thức Trẻ