A Huawei it is not profitable for him to make cheap mobiles. The benefits lie in the high-end, or so you think Robert yu, CEO of the company, when he presented the latest financial report of the company.
And it is that throughout the past week many manufacturers have been publishing the financial reports corresponding to the second quarter and Huawei was not going to be less.
Huawei wants to bet on the high-end, the most profitable
The Asian manufacturer, which is growing like foam by presenting increasingly competitive terminals, has taken the opportunity to give an interview to the medium Bloomberg.
In this interview, Richard Yu has talked about future Huawei launches, but the most important thing has been a piece of information he has given: making cheap phones does not pay off, at least for Huawei.
"We leave the lowest range of devices because the profit margin is so small that it is not giving enough benefits". With these words the Huawei CEO has made it clear that the profit margin is not worth the effort.SFollowing his intentions, the CEO of Huawei's mobile division has stated that the main objective is Europe, China and Japan:" priority is Europe, China and Japan, where the economy is good and people are able to consume our products ".
The truth is that things they are doing really well for Huawei. The Asian manufacturer is gaining ground on Samsung, its main competitor, at incredible speed and wants more. The success of the Huawei Mate 9 together with the Huawei P10, the company's two flagships, suggests that, sooner rather than later, Huawei could rise as the largest manufacturer in the world.
Today it is crazy, but a few years ago you read that Huawei has surpassed Samsung in sales in Spain and you wouldn't believe it, right?
With MediaTek processors?
The joke is told alone.