Tag Archives: Volumes

Huawei Sees Annual Smartphone Shipments Slowing With Focus on Profits Over Volumes

China’s Huawei Technologies forecast smartphone shipments of 140 million-150 million this year, a sharp slowdown in annual growth as the world’s third-largest smartphone maker chases profits instead of volumes by selling more high-end phones. Shenzhen-based Huawei’s profit growth has been under pressure with its low margin smartphone business facing strong competition at home and abroad, forcing Huawei earlier this year… Read More »