HUAWEI posts growth in Q3 despite weak smartphone market

Technology titan HUAWEI still recorded growth in the third quarter of this year despite the smartphone market’s sluggish performance.

File photo: HUAWEI Mate 60 Pro

HUAWEI books yearly growth

According to CounterPoint research, the global smartphone market booked a decline anew during the period, with other smartphone manufacturers taking a toll.

While Samsung, Apple, Xiaomi, OPPO, and Vivo continued to be the top-performing companies—they witnessed a drop in shipment in the third quarter, the report said. Except for Apple and OPPO, the rest of the smartphone brands had double-digit declines.

HUAWEI and its former smartphone unit HONOR, however, recorded yearly growth in the July-September period. CounterPoint research even noted that they were the only brands that saw higher figures.

CounterPoint research said that the HUAWEI Mate 60 series was the one driving the company’s growth in China. Honor, meanwhile, has been seeing strong momentum in the global market.

Via: Reuters, Huawei Central