HONOR announces its brand and business performances across its international markets

Huawei has announced its business results for the first half of 2020. The company generated CNY454 billion in revenue during this period, representing a 13.1% increase year-on-year, with a net profit margin of 9.2%. Huawei’s carrier, enterprise, and consumer businesses achieved CNY159.6 billion, CNY36.3 billion, and CNY255.8 billion in revenue, respectively.

HONOR announces its brand and business performances across its international markets

As part of the Huawei Consumer Business Group’s dual-brand strategy, global technology brand HONOR also announced its brand and business performances across its international markets.

The first half of this year demonstrated strong progress across HONOR’s all-scenario intelligence.
1. In 2020 Q1, HONOR ranked Top 5 in terms of smartphone shipment in Saudi Arabia and ranked Top 3 in the mid- to -high-end smartphone category ($200-$600).
2. In the wearable market, HONOR ranked Top 5 in Russia, Malaysia, Czech Republic and India in 2020 Q1.

The HONOR MagicBook 14 ranked Top 2 best-selling product at datart.cz, Top 4 best-selling newly launched product at notebooksbilliger.de, Top 5 best-selling laptop, Top 10 searchable products at Boulanger and Top 10 best-selling newly launched product with 4.9-star customer rating on amazon.co.uk.

After upgrading the online shopping experiences in the markets around the globe, HIHONOR.com experienced an average of 146% month-on-month sales growth among those countries in the first half of 2020. Globally, HONOR has established 14 HIHONOR.com online stores with over 2.79 million registered users across its international markets.

Huawei Mobile Services (HMS) Ecosystem is growing rapidly, reaching 700 million global Huawei device users, with a year-on-year growth of 32%. Until 25th July, the number of registered Huawei developers worldwide has reached 1.6 million, up 76% year-on-year, with more than 81,000 innovative applications integrated HMS Core open capabilities.

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