Huawei announces 15pc YoY growth in H1 to £36.25bn
It marks the second year in a row the manufacturer has improved revenue for H1 by 15 per cent
Manny Pham
July 31, 2018
South Korea firm took KRW 4.45 trillion (£3.02Bn) less in the mobile sector in the second quarter compared to Q1
Samsung have reported a decline in quarter on quarter in shipments of its flagship devices, the Galaxy S9 and S9+.
The South Korean giant ended the second quarter of this year making KRW 24 trillion (£16.3Bn) in sales revenues and KRW 2.67 trillion (£1.8Bn) on operating profit throughout the whole of its IT and Mobile business.
These results mark the first full quarter in which the new flagships have been available in since the launch at MWC in late February which boosted Q1 sales to KRW 28.45 trillion (£19.3Bn).
Year on year sales results also declined KRW 6.01 trillion (£) with operating profits also falling from KRW 4.06 trillion (£2.75Bn) to KRW 2.67 trillion (1.87Bn).