Huawei's Consumer Business Expects a Revenue of 178 Billion Yuan in 2016

Huawei's consumer business today announced its 2016 full-year performance forecast. In 2016, Huawei’s consumer business is expected to achieve sales revenue of RMB 178 billion, an increase of 42% year-on-year; smartphone shipments will reach 139 million units, an increase of 29% year-on-year.

Yu Chengdong, CEO of Huawei's consumer business, said, “In the tough industrial situation, Huawei’s consumer business has continued to grow faster than the industry’s growth, thanks to our focus on consumer-focused innovation and focused innovation. We will continue to build the influence of high-end brands, global channels, and service capabilities. In 2017, we will continue to strengthen our basic operations in the supply chain, channels, R&D, and service areas, and fully implement refined operations, improve decision-making and implementation. Efficiency, further consolidate the internationalization strategy, and actively build the future development capability."

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