Huawei said revenue from consumer business was CNY 179,808 million (+43.6 percent) in 2016.

Huawei shipped 139 million (+29 percent) smartphones.

Huawei’s global smartphone market share rose to 11.9 percent in 2016, cementing its ranking as one of the top 3 players globally.

Global shipments of the HUAWEI P9 series exceeded 10 million units, the first Huawei flagship handset to reach this milestone.

By December 2016, Huawei held a market share of over 15 percent in 33 countries, and over 20 percent market share in 22 of these countries, half of which were in Europe.

In China, Huawei’s smartphone market share increased to 18.1 percent in 2016.

In Latin America, Africa, the Middle East, and some other regions, Huawei has achieved over or close to a 15 percent market share.

Drexel Hamilton on Huawei

Meanwhile, Huawei, currently the world’s second largest Android smartphone manufacturer, will dethrone Samsung to become Apple’s main challenger in years to come, American analyst firm Drexel Hamilton said on Friday.

Apple had a record fourth quarter in 2016 shipping 78.3 million iPhones, surpassing Samsung in overall smartphone market share.

Huawei shipments reached record 139 million units with 28 per cent year-on-year growth, Counterpoint Research said earlier this year.

India registered 109.1 million units of smartphone shipments with a marginal 5.2 percent annual growth in 2016.

With a wide pipeline of products to cater to various market segments, both Huawei and Honor have put the needs of the Indian consumer first and have focused on channel, retail, brand, marketing and services, to strengthen the business base and streamline operations and customer service.

Samsung continued to lead the Indian smartphone market with 25.1 percent share despite a 13.1 percent sequential decline in the fourth quarter of 2016. But Samsung’s annual shipments grew 3.2 percent in 2016, driven majorly by the J-series.

IANS