Huawei crosses 100 million mark of shipped phones
The market share of Shenzhen-based Huawei Technologies Company has risen to 9 percent globally and surpassed 15 percent in China, leading for six consecutive months, data from a third-party market consulting agency showed.
"It's a stunning increase," said He Gang, president of Huawei's mobile phone line.
"Beginning in 2010 with a sales figure of no more than 3 million, Huawei took five years to reach 75 million and another year to achieve 100 million."
He said Huawei has gained a firm foothold in the middle and high-end market over the past year, thanks to innovation and marketing. Middle and high-end smartphones costing more than 2,000 yuan ($308) jumped to 33 percent of Huawei's total shipments in the third quarter in China.
Huawei's Mate 7 alone has sold 7 million sets so far, making it one of the most popular smartphone models in China. Sales of the new Mate 8 in the first two weeks were ten times that of Mate 7. ■