According to the latest financial reports published, Huawei continues its growth trend with firm steps. The company, which was revealed to have made a profit of exactly 1.9 billion dollars in the last quarter, thus increased its earnings by approximately 65% compared to the previous year. It is said that the biggest factor in this success is that Huawei has a great sales advantage over Apple products in China, where it is native.
It was stated that the company, which made its debut with the Mate 60 series, especially in the mobile field, caused iPhones to be pushed to the background in the country. It is said that Apple management has also gone on red alert regarding this situation and that Tim Cook himself will go to China. Here are the most important details about the subject…
Huawei continues its growth trend
It is also claimed that Huawei’s recent significant investments in the cloud computing sector have yielded positive results and that it has gained a significant competitive advantage against Alibaba, which dominates this sector in the country.
In addition, the fact that the company achieved all these successes against a very comprehensive American embargo stood out as a highly appreciated factor. It is known that the brand also receives great support from the Chinese government. We can say that this support was effective in the last announced earnings.
In addition, it is said that the company’s own 7-nanometer processors provide a visible cost advantage. We may start to see Huawei processors with even smaller nanometer chips very soon. We hope that these developments, which have caused concern for many American companies, especially Apple, will benefit users at the end of the day.
Is Huawei surpassing Samsung after years?
The foldable smartphone market continued to grow in 2023. While Samsung remains the market leader, Huawei is growing rapidly.
So what do you think about this issue? Do you think Huawei will be able to continue this good trend? Do you use Huawei products? You can easily share your answers with us in the comments section below. Your opinions are very valuable to us.