Neil Mawston, the Strategy Analytics executive director said in his interview that they expect Huawei to stabilize its success in the first half of the year 2017, because Huawei’s android phone shipments are growing enormously and it is doing great job of operating cost of manufacturing.”
The fiascos of Samsung’s Galaxy Note 7 catapulted China’s Huawei past the South Korean company as the most gainful Android smartphone producer in the world.
According to the news posted by South China Morning Post, Apple continues to remain the most profitable among all the smartphone makers with an astounding 91% operating profit share in the market.
Meanwhile, Huawei controlled over 2.4% of the world’s android phone with an operating profit share amounting to $200 million in the third quarter of the year 2016. The two other Chinese companies Oppo and Vivo Electronics made up to 2.2% market share each in the flooded Android ground.
Though Huawei’s gains against one of the most leading brands (Samsung) can be transitory. However the device maker has gained much from savings and generated most of its revenue by its wise decision to begin manufacturing its devices in India.
According to a survey conducted recently based on Reuters’ view, “Samsung was drastically dragged to the ninth place in the third quarter basically because of its Galaxy Note 7’s fiasco but the embarrassment hasn’t hurt the name of Samsung so far.”
It also shows that Samsung can surely bounce back in the coming days with the launch of its new leading product Galaxy Note 8. But on the other side Huawei aims to be the second biggest leading brand in the arena of android phone behind Apple just within two years as said by Huawei’s Consumer Business CEO “Richard Yu Chengdong.”
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