Huawei’s First-Half Revenue up 19% While It Emerges as Major Smartphone Brand

Chinese telecommunications equipment manufacturer, Huawei Technologies, experienced an impressive 19% increase in its revenues during the first half of 2014. This substantial upward trend can be attributed to the global recognition of Huawei’s superior smartphones and tablets, significantly boosting its international sales.

In the first six months of 2014, Huawei saw a 19% year-on-year growth in its sales revenue, hitting 135.8bn yuan ($21.88bn, £12.8bn, €16.17bn), coupled with a plush operating margin of 18.3%.

Huawei linked its financial victory in the first half of 2014 with its strategic business objectives. The company credits the rise in worldwide LTE network investment for its success, where Huawei maintains a robust leadership position.

Significant improvements in their software and services vertical have facilitated consistent growth in Huawei’s carrier network operation.

Additionally, Huawei documented an ‘accelerated growth’ in its enterprise division and ‘sustained growth’ in its consumer business, due to the increased brand recognition and worldwide sales of their smart devices.

As shared by Huawei’s CFO, Cathy Meng, Huawei’s premier smartphone, the Ascend P7, is now available in more than 70 countries and regions.

Through its affordable yet feature-packed product line, Huawei has established itself as a noteworthy contender in the international smartphone market. While commanding a sizeable domestic market share, the company is continuously working to amplify its global sales.

Market research firm IDC identified that Huawei held 4.9% of the market share in terms of shipments by the end of the first quarter, ranking as the world’s third-largest smartphone brand.

Huawei’s ambitious goal of shipping 80 million smartphones globally is backed by its targeted focus on large-screen smartphones.

In terms of future planning, Huawei reaffirms its unwavering commitment toward innovation and collaboration, with a promise to create more value for its customers.

Expressing optimism for continued expansion, Meng stated, “We are confident that in 2014 we will achieve sustainable growth, robust operations, and healthy financials.”

Minor enhancements were applied in 2025 for readability.