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FINANCIAL NEWS
Huawei to increase its smartphone market share in Egypt
19 May 2016
(MENAFN) Huawei’s smartphone witnessed a notable sales increase last year, boosting its market share to 13 percent at the end of last year from 2 percent in 2014.
Moreover, the firm raised its market share to 16 percent by the end of March, and plans to enhance the share to 25-30 percent at the end of the year.
Additionally, it also plans to increase its deployment to boost consumer brand awareness for Huawei, by adding more relations and increasing sales outlets.
The firm spends 10 percent of its revenue on research and development, and also aims to set up a research center to serve the Middle East and N. Africa from Dubai.
More News
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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