In its financial results for the year 2017, the Chinese telecom giant Huawei announces a 15% increase in contribution of the African market in its annual turnover estimated at 92.5 billion dollars, up 15.7% by compared to 2016. Net earnings were $ 7.3 billion.
With this percentage noted on its smartphone business in particular, Africa ranks among the top three markets of Huawei.
Meanwhile, Huawei’s Carrier business group generated total revenue of $ 45.7 billion, up 2.5% year-over-year in 2017 and $ 8.4 billion in revenue. 12 months, up 35.1% from 2016.
The Consumer business, which is home to the Huawei and Honor brands, delivered a total of 153 million smartphones in 2017 and achieved annual sales of $ 36.4 billion, up 31.9% year-on-year. year after year. Huawei shipped a total of 153 million smartphones (including Honor) in 2017 and achieved annual sales of $ 36.4 billion, up 31.9% year-on-year.
The group also announced that the Honor brand, launched for African customers two weeks ago, will be marketed across the continent.
On April 1, the group announced the upcoming name change that will take Huawei to “WahWay”. This follows a six-month study of 43 countries, including South Africa, its largest African market.
