Ron Burgundy Posted July 29, 2014 Share Posted July 29, 2014 By Yimou Lee HONG KONG (Reuters) - China's Huawei Technologies Co Ltd said smartphone shipments in the first half rose 62 percent year-on-year, as it targets the more expensive smartphone sector dominated by Samsung Electronics Co Ltd and Apple Inc. Shenzhen-based Huawei has shipped 34.27 million smartphones globally in the first six months ending June 30 - about 43 percent of its annual shipment target of 80 million, according to Reuters' calculations based on figures provided by Huawei. "We recorded faster growth in areas such as Middle East and Africa and Latin America, with 275 percent and 550 percent year-on-year growth in the second quarter, respectively," Shao Yang, vice president of marketing in the consumer business group, told Reuters in a written statement. "Based on the growth momentum at the moment, we are firmly moving toward our full-year target," Shao said, adding that smartphones are now accounting for 97 percent of Huawei's global phone shipments. View the full article Quote Link to comment Share on other sites More sharing options...
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