Revenue of the company Huawei at the end of the year should exceed 100 billion dollars, according to CNBC, referring to the data obtained from the Executive Director of Huawei Eric Xu. For the first half of the year, revenue amounted to 49 billion dollars. The total revenue of more than 100 billion, indicates an increase in revenue in the second half of the year. For 2017, the revenue reached the level of 92.5 billion dollars.
Recall that in recent years the company is actively winning Huawei share in the market of gadgets and especially smartphones. Offering a balanced price and high performance, Huawei increased smartphone sales by 43% in the 3rd quarter of this year, compared to 2017 and during the same period increased its market share from 9.5% to 13.4%.
But such a significant amount of revenue from the company not only from sales of smartphones, Huawei is one of the leaders in the telecommunications equipment market.