{"id":459151,"date":"2018-04-06T11:45:40","date_gmt":"2018-04-06T10:45:40","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=459151"},"modified":"2018-04-06T11:45:40","modified_gmt":"2018-04-06T10:45:40","slug":"africa-stands-out-in-huaweis-financial-results","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/04\/06\/africa-stands-out-in-huaweis-financial-results\/","title":{"rendered":"Africa stands out in Huawei’s financial results"},"content":{"rendered":"
<\/div>

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.<\/p>\n

With this percentage noted on its smartphone business in particular, Africa ranks among the top three markets of Huawei.<\/p>\n

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.<\/p>\n

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.<\/p>\n

The group also announced that the Honor brand, launched for African customers two weeks ago, will be marketed across the continent.<\/p>\n

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.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

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. 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