Huawei seizes second place in global smartphone market in Q2

Aug 02, 2018 (LBO) – Huawei, a fast growing smartphone brand has seized second position in the global smartphone market with a total share of 15.8 percent in the second quarter of 2018 according IDC.

Huawei invests into research and development (R&D) and over 10 percent of revenue is invested in R&D every year. According to Huawei’s 2017 annual report, there were about 80,000 staff members who worked for R&D, or almost 45 percent  of the total number of employees.

The smart phone maker is ranked No. 6 among global tech giants in 2017 when it came to R&D investments alone, according to the 2017 EU Industrial R&D Investment Scoreboard report from the European Commission.

The company has so far shipped over 100 million units of smartphones by July 2018, and is set to reach 200 million units before the end of 2018.

Huawei has also built expertise hubs during these years which includes the algorithm center in Moscow, UX design center in San Francisco and design center in London, aesthetic center in Paris, and 5G technology development center in Germany.

“As a company which focuses in R&D, we work on creating innovative features that revolve around the user’s needs, software and hardware collaboration and creating value for consumers. We have continued to build multiple channels in order to gain feedback from our consumers and to improve and bring innovations for better experiences,” Country Head Huawei Device Sri Lanka, Peter Liu said. He further added.

“Sri Lanka is an important market for Huawei, and we will continue to invest more to grow and make available the best products and to pursue top positions by increasing the communication, and bringing our best phones to the Sri Lankan consumers”.

Huawei also partnered with luxury brand Porsche Design on Mate series Porsche Design edition, which helps to gain great feedback from the ultra-high-end market.

In Sri Lanka, Huawei has succeeded in securing the number one position in smartphone sales according to recent GfK reports (Growth from Knowledge).

Poised as the most preferred smartphone brand among Sri Lankan consumers Huawei aims to enhance the lifestyle of all consumers by offering the best quality state of the art smartphones at an affordable price.