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Huawei's revenues increase by 37 percent in 2015

Huawei Logo
Huawei Logo (Image credit: Android Central)

Huawei has recorded revenue of ¥395 billion ($61.10 billion) in 2015, an increase of 37 percent from last year. Net profit increased 32 percent to ¥36.9 billion ($5.7 billion), with operating margins at 11.6 percent. The revenue increase represents Huawei's strongest growth since 2008, aided by the uptake of 4G in China and the vendor's momentum in the global smartphone segment.

Huawei's consumer devices business recorded a growth of 72.9 percent, with over 100 million shipments in 2015 allowing the manufacturer to edge out local rivals Lenovo and Xiaomi. The vendor's telecommunications unit also saw a healthy 21.4 percent increase.

With the P9 slated to debut later this month, it doesn't look like the vendor is going to let up anytime soon.

Harish Jonnalagadda
Senior Editor - Asia

Harish Jonnalagadda is a Senior Editor overseeing Asia at Android Central. He leads the site's coverage of Chinese phone brands, contributing to reviews, features, and buying guides. He also writes about storage servers, audio products, and the semiconductor industry. Contact him on Twitter at @chunkynerd.

  • Choo choo! Here comes the Huawei train! (I live by 3 words. fastboot flashing unlock)
  • April fools?? Posted via the Android Central App
  • It probably didn't have too much to do with them producing the best Android device ever, (6P!!!!) but still, good for them. Now all they need to do is ditch that carbon copied iOS like UI. That'll never happen
  • Nexus 6p best Android device ever, subjective! Maybe for you, but not for others. Posted via the Android Central App
  • Nope, not subjective, Its a fact. I read it on-line
  • It didnt. Posted via the Android Central App
  • This is just the beginning. 2017 -- Let the Huawei vs Samsung battle begin! dreaming of electric sheep
  • I'm more impressed by the operating margin. 11% is very good for an Android OEM, especially a Chinese one. It's not 40% like Apple, of course, but who's is? Posted via the Android Central App
  • I have 2 Huawei devices in my household alone (if you count Honor) . 3 in my immediate family. I didn't even know who Huawei was 2 or 3 years ago.
  • but its 2016..
  • As an owner of the Huawei Watch, and having played with their Nexus device, I'm looking forward to seeing more from them! Build quality is awesome and the devices work flawlessly. I hope they don't skin they're OS, and Android, too much. Posted via the Android Central App
  • I'm disappointed with the 6P quality. Posted via the Android Central App
  • How so you are disappointed ? I'm just curious. I recently got mine (2 weeks ago) and I think it's a great device overall. *6P 64gb Graphite (AT&T)*
    *iPad Air 2 64gb Space Gray (AT&T)*
  • i love mine too. great build great performance. camera is awesome. the only phone comparable is the s7 edge but it gets slower updates and the price increase vs the extra features is just not worth it to me.
  • Yeah it's a great device overall and good bang for your buck. Best Buy was running a good promo when I got it. I paid $474 for the 64gb with a free Speck Candyshell case ($40 value). In comparison, we recently bought my mom an iPhone 6s Plus 64gb as a birthday gift and that was close to $900... almost double of what I paid. So there ya have it. *6P 64gb Graphite (AT&T)*
    *iPad Air 2 64gb Space Gray (AT&T)*
  • Huraay for Huawei! More successful phone manufacturers, the better!
  • Congratulations Huawei! The more successful smartphone OEMs , the better the competition and consumers win in the end.
  • Do their financial figures include the Nexus 6P i wonder ? Posted via the Android Central App
  • Chronophilos hasn't a clue....... Sent using my 6P............. Posted via the Android Central App