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Huawei first-half global smartphone shipments jump 25%

Shenzhen-based Huawei, which competes with Samsung Electronics Co and Apple Inc, reported a 41 percent increase in its consumer business group revenue to 77.4 billion yuan (USD 11.6 billion) thanks to strong sales of high-end smartphones, the company said in a statement.

July 26, 2016 / 12:38 PM IST

China's Huawei Technologies Co, the world's third-largest smartphone vendor, on Tuesday said it shipped 60.5 million smartphones globally in the first half of 2016, a 25 percent rise from a year before.

Shenzhen-based Huawei, which competes with Samsung Electronics Co and Apple Inc, reported a 41 percent increase in its consumer business group revenue to 77.4 billion yuan (USD 11.6 billion) thanks to strong sales of high-end smartphones, the company said in a statement.

"We saw particularly fast growth in traditionally high-end smartphone markets such as Europe and emerging markets including North Africa, Central Asia and Latin America," Huawei's head of consumer business Richard Yu said in a statement.

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