Huawei launched the Mate 70 series in an event in Shenzhen on November 26, 2024. The phones are the first to run the new operating system of Huawei, Harmonyos following.
Huawei
Beijing – Chinese telecommunications and smartphone giant Huawei continues to grow and takes the market share from AppleAlthough we limit the access of the company to high -quality technology.
The turnover of Huawei exceeded 860 billion Yuan ($ 118.27 billion) in 2024, said chairman Howard Liang on Wednesday, according to Local state media. Huawei did not comment on contact with CNBC.
That is a turnover jump of 22% from 2023, and the fastest growth since an increase of 32% in 2016, according to CNBC calculations of publicly released figures. Huawei usually publishes his annual reports in March.
Liang, who spoke at a local government conference, described the consumer company of Huawei as “return to growth” and car solutions such as seeing “rapid development”, according to a CNBC translation of the Chinese language report. He said that Huawei’s information and communication technology Things – that was the biggest segment through income – “remained stable.”
Since 2019, the US has limited the ability of Huawei to gain access to technology from American suppliers, from Advanced 5G -chips To Google’s Android operating system.
The turnover of Huawei hardly grew in 2020 and fell by almost 29% in 2021. The consumer segment was hit hard and even when sales rose 17% years after year to 251.5 billion Yuan in 2023, it was slightly more than half of it what the unity generated to his Peak in 2020.
Huawei’s smartphone shipments on mainland China rose by 37% last year and climbed from fourth to second place per market share, while Apple fell to third place with a fall of 17%, According to Canalys data. Vivo, known for its budget-made devices, ranked by market share in 2024, showed the data.
The telecommunication company started making a comeback in 2023 on the smartphone market with the release of its degree 60 Pro in China. Reviews indicate that the device offers download speeds that are linked to 5G – thanks to an advanced semiconductor chip.
Just over a year later, Huawei launched the Mate 70-Smartphone series that uses the first fully self-developed operating system of the company, Harmonyos Next.