Huawei Sees 15 Percent Sales Revenue Growth for H1 2017

2017-07-31 16:18 Posted by: Judy in News Go to Comment

Chinese networking leader Huawei has reportedly seen revenue surge 15 percent for the six months ended June 30, 2017, increasing from 283.1 billion yuan to 245.5 billion yuan.

Though Huawei claims to achieve “solid growth” across all three of its business groups including carrier, enterprise and consumer business in the first half year, as a result of the boost in operation efficiency as well as quality, its operating margin falling to 11 percent from 12 percent a year ago. The company expects to round out the year in a positive financial position.

In the consumer business, Huawei experiences a clear growth. The smartphone shipments of the company is expected to reach 140 million—150 million by the end of 2017, namely, it has to ship another 70 million smartphones in the next half year.

According to Huawei’s 2017 H1 Business Results Report, the networking giant makes a breakthrough in multiple regions worldwide in terms of smartphone shipments, with year-over-year growth rate reaching 18 percent across Europe, reaching 45 percent across Southeast Asia, Central Asia and Korea and Japan, and reaching 24 percent across the Greater China region.

Richard Yu, CEO of Huawei’s consumer business group, said that Huawei plans to release an artificial intelligence (AI) chip this autumn as it seeks to move from making smartphones to “intelligent phones”.

Seeing the great importance of collaborative intelligent experience of the end with cloud and with chip to the future smartphones, Huawei is going to increase investment in innovation, channel, quality and service areas, not only for building smart phones and PCs, but also for developing wearable equipment, car networking, smart home, and other full scene intelligent life experience of AR and VR.  

Richard Yu stated that the new AI chip will be helpful for deep machine learning and smart computing capabilities of EMUI. It still remains a secret about how exactly Huawei will take advantage of this AI chip to deliver new features, while it has already benefitted from deep machine learning and compression technology in device performance improvement.

As an industry-leading supplier of SoC products, Huawei hopes to continue to take leadership on AI application processors as other competitors like Apple and Google. As per Richard Yu, Huawei will launch the new mobile AP that powers its new Mate flagship at the end of this year.

However, apart from Huawei, there is a growing number of companies working on mobile APs with a dedicated AI chip to improve the speed of machine learning and deep learning for the purpose of better user experience. 

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