Reported about 1 month ago
Huawei Technologies has reported its sixth consecutive quarter of revenue growth, totaling 239 billion yuan ($33.6 billion) for the June quarter, a 33.7% increase year-over-year. The rise is attributed to its smartphones gaining market share at the expense of Apple, which fell to sixth place in China. Huawei's smartphone shipments surged by 50%, while Apple saw a 6.5% decline in sales. The company is also preparing for the launch of its Mate 70 flagship device, anticipated to showcase advancements in processor technology.
Source: YAHOO