{"id":14439,"date":"2020-08-08T11:35:05","date_gmt":"2020-08-08T08:35:05","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=14439"},"modified":"2026-03-27T19:23:36","modified_gmt":"2026-03-27T16:23:36","slug":"honor-2020-h1-business-achievements-in-international-markets","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/honor-2020-h1-business-achievements-in-international-markets\/","title":{"rendered":"HONOR 2020 H1 Business Achievements in International Markets"},"content":{"rendered":"

Huawei, has announced its business results for the first half of 2020. The company generated CNY454 billion in revenue during this period, representing a 13.1% increase year-on-year, with a net profit margin of 9.2%[1]<\/sup><\/a>. Huawei’s carrier, enterprise, and consumer businesses achieved CNY159.6 billion, CNY36.3 billion, and CNY255.8 billion[1]<\/a> in revenue, respectively. As part of the Huawei Consumer Business Group’s dual-brand strategy, global technology brand HONOR also announced its brand and business performances across its international markets. According to brand equity researcher BrandZ\u2122, HONOR ranked 21st<\/sup> in the \u201cBrandZ Top 50 Chinese Global Brand Builders 2020\u201d list and saw a 34% increase in its brand score comparing to 2019. Huawei has also had an impressive showing against competitors, in a recent report from Canalys shows Huawei trumped Samsung for the first time in the worldwide smartphone market in Q2 2020, shipping more smartphones worldwide than any other vendor.[2]<\/a>
\nHONOR \u201c1+8+N\u201d All-scenario Strategy Made Solid Progress in International Business Development<\/strong><\/p>\n

HONOR is now the go-to brand for the needs of digital natives all around the world. In keeping with HONOR\u2019s 1+8+N IoT strategy, an ecosystem that integrates one smartphone, eight categories of additional connected products and a wide range of partnership linked devices, the first half of this year demonstrated strong progress across HONOR\u2019s all-scenario intelligence.<\/p>\n

    \n
  1. In 2020 Q1, HONOR ranked Top 5 in terms of smartphone shipment in Saudi Arabia and ranked Top 3 in the mid- to -high-end smartphone category ($200-$600)[3]<\/sup><\/a>.<\/li>\n
  2. In the wearable market, HONOR ranked Top 5 in Russia, Malaysia, Czech Republic and India in 2020 Q1[4]<\/sup><\/a>.<\/li>\n
  3. The HONOR MagicBook 14 ranked Top 2 best-selling product at datart.cz, Top 4 best-selling newly launched product at notebooksbilliger.de, Top 5 best-selling laptop, Top 10 searchable products at Boulanger and Top 10 best-selling newly launched product with 4.9-star customer rating on amazon.co.uk.<\/li>\n<\/ol>\n

    HIHONOR.COM Retains Solid Programs that Drove month-on-month Sales Growth and User Registrations  <\/strong><\/p>\n

    As the official online store, HIHONOR.com delivers a one-stop shopping experience that offers a comprehensive range of HONOR products and customer-centric services. After upgrading the online shopping experiences in the markets around the globe, HIHONOR.com experienced an average 146% month-on-month sales growth among those countries in the first half of 2020. Globally, HONOR has established 14 HIHONOR.com online stores with over 2.79 million registered users across its international markets.<\/p>\n

     <\/p>\n

    Smartphones with Huawei Mobile Services Ecosystem Experienced Robust Growth <\/strong><\/p>\n

    Huawei Mobile Services (HMS) Ecosystem is growing rapidly, reaching 700 million global Huawei device users, with a year-on-year growth of 32%. Until 25th July, the number of registered Huawei developers worldwide has reached 1.6 million, up 76% year-on-year, with more than 81,000 innovative applications integrated HMS Core open capabilities.<\/p>\n

    For more information on the HONOR business achievements please visit:<\/p>\n

    https:\/\/www.hihonor.com\/sa-en<\/a><\/p>\n

    [1]<\/a> The financial data disclosed here are unaudited figures compiled in compliance with the International Financial Reporting Standards; exchange rate at the end of June 2020: US$1 = CNY7.0677 (source: external agencies)<\/p>\n

    [2]<\/a> https:\/\/www.canalys.com\/newsroom\/Canalys-huawei-samsung-worldwide-smartphone-market-q2-2020<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

    Huawei, has announced its business results for the first half of 2020. The company generated CNY454 billion in revenue during this period, representing a 13.1% increase year-on-year, with a net profit margin of 9.2%[1]. Huawei’s carrier, enterprise, and consumer businesses achieved CNY159.6 billion, CNY36.3 billion, and CNY255.8 billion[1] in revenue, respectively. As part of the […]<\/p>\n","protected":false},"author":13,"featured_media":14440,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":441,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[446,441],"tags":[],"class_list":["post-14439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-computers","category-mobile-devices","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\nHONOR 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