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China’s Huawei is on track to ship 100 million smartphones in 2015 according to leaked memo

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Huawei is certainly in the news a lot recently; from receiving a green light to manufacture and sell handsets in India, to allegedly producing a Nexus handset for Google as well as receiving more than 9 million pre-orders for its Honor 7 smartphone in China. Today we have news from Reuters that Huawei’s streak of good news is continuing with the report that it is ahead of schedule in meeting its shipping targets for 2015.

According to an internal memo by Huawei’s head of consumer business, Richard Yu, that ended up in the hands of Reuters, the Chinese company is ahead of schedule in its plans to sell 100 million smartphones this year. Huawei has shipped more than 10 million smartphones every month since May.

The target of shipping 100 million smartphones for 2015 is an increase on its 2014 target which was 80 million, although Huawei only managed to ship 75 million units for that period. This year though, a 30% increase in revenue has also been reported for the first half of 2015 to $28.3 billion.

 

Source: Reuters

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