Huawei sold 60.5 million smartphones in the first half of 2016

Huawei has sold about 60.5 million smartphones globally in the first half of 2016. Thus, the sales of smartphones grew by 25 percent compared to the first half of 2015.

Huawei seems to be well on track to achieve its own target for 2016. The company said at the end of last year that its goal is to sell 140 million smartphones worldwide in 2016. In the first half of 2016, it has already sold 60.5 million smartphones, as the company announced yesterday. Thus the number of smartphones sold has increased by 25 percent compared to the first half 2015.

Traditionally, way more smartphones are sold in the second half of each year, than in the first half of the year because that includes the December holidays. Therefore, it seems that Huawei is definitely going to achieve its own objective this year. In 2015, Huawei sold a total of about 100 million smartphones, and this year it plans to achieve a growth of around 30 percent.

Yesterday, Huawei announced as well that the company’s revenue had grown by 40 percent to more than 33 billion euros. The average profit margin that Huawei has made incidentally have fallen on the sale of its products by 18 to 12 percent. Details on how much profit Huawei has actually made were not disclosed.

Huawei does especially well with its premium smartphones in the European market, in its own words. Among others, the Huawei Mate 8 and Huawei P9 are the biggest two successes of the company in Europe. Other Huawei handsets were also sold well in Europe last year. In addition, The company also knows ever better how to do business in emerging markets such as Africa, Asia, and South America.