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| Huawei smartphone sales jump 39% in first half of the year | |
| (35 minutes later) | |
| Chinese tech giant Huawei on Wednesday said its global smartphone sales jumped by 39% in the first half of the year. | Chinese tech giant Huawei on Wednesday said its global smartphone sales jumped by 39% in the first half of the year. |
| It comes after the world's fourth-biggest smartphone maker posted a 30% growth in overall revenue on Monday. | It comes after the world's fourth-biggest smartphone maker posted a 30% growth in overall revenue on Monday. |
| Huawei said it shipped 48.2 million devices globally in the first half of 2015, giving them a 87% surge in handset sales revenues | |
| The company is competing with Apple and Xiaomi for the top spot in China, the world's biggest handset market. | |
| The boost in sales figures comes after the firm said it would shed its low-cost appeal and include high-margin premium models to challenge Samsung and Apple at the top-end of the market. | |
| Huawei said that shipments for the mid-to-high-end category recorded a year-on-year increase of 70%. | |
| Defying the slowdown | |
| Regarding sales in China, the firm managed to defy a slowdown hitting its rivals Samsung and Xiaomi. | |
| Overall smartphone shipments in China in the first quarter of 2015 shrank for the first time in six years, with one-time leader Xiaomi saying the domestic market was nearing saturation. | |
| On Monday, Huawei released its earnings results for the first six months of the year, posting a 30% increase in revenue to 175.9bn yuan ($28.3bn; £18.2bn) and giving a positive outlook for further growth in 2015. | |
| Aside from smartphones, the Shenzhen-based firm is one of the world's largest telecommunications companies, competing with the likes of Sweden's Ericsson on infrastructure such as mobile phone masts. |