ZTE, Huawei increase smartphone shipments in 2012 April 10, 2013 - 15:39 AMT PanARMENIAN.Net - ZTE on its end has exceeded its own target by more than doubling shipments of smartphones in 2012, helping it offset decreasing sales of feature phones. At the same time, the company has posted positive free cash flow and operating cash flow for the first time in three years, IntoMobile reports. ZTE generated 15% of its smartphone revenue in 2012 from sales of mid to high-end devices in 2012, and the goal is to grow the proportion to 25-30% this year. Meanwhile, Huawei’s Consumer division’s global sales revenue reached 48.4 billion CNY, an increase of 8.4% year-on-year. Device shipments totaled 127 million units, including 32 million smartphones – an increase of 60% year-on-year. Looking ahead to the next five years, Huawei forecasts that it will see compound annual growth rate (CAGR) of 10%.   Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."   Partner news Most popular in the section |  Latest news Turkey extends military presence in Azerbaijan  The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops.Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skillsArmenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi ArabiaPashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |
