Chinese device maker Huawei shipped 60.5 million smartphones in the first half of 2016 representing a 25% increase over a similar period last year.
Huawei’s smartphone shipments surge is as a result of both the company rolling out its flagship P9 smartphone in more markets as well as its increased focus on the budget smartphone segment through its Honor sub-brand.
Just yesterday, the company announced that its revenues had gone up by 40% in the first half of 2016 to reach $36.8 billion with the company remaining upbeat that it is on course to hitting its $75 billion revenue target for the year. Its operating margins, however, fell from 18% at the same time last year to 12%, something the company attributed to its increased investment in its smartphone business as it seeks to cement its position among the top three smartphone vendors in the world, alongside Samsung and Apple.
Huawei is reported to have shipped a total of 28 million smartphones in the first quarter of the year. This means that the company shipped over 30 million smartphones in Q2 2016.
Last year, Huawei shipped over 100 million smartphones. This means that the company is on course to surpassing that figure this year.