Chinese iPhone sales fell 10% in Q3, while Huawei's smartphone sales grew after the launch of the Mate 60 Pro. Huawei's Q3 revenue increased by 1% YoY to $19.9 billion, with a profit margin of 16%. Elevator maker Kone's Q3 orders exceeded expectations due to strong demand in China. Overall, China's smartphone sales declined by 5% in Q3, but Huawei gained market share.
Chinese smartphones sales fell 3% YoY in Q3; Honor leads with 18.3%, Huawei grew the most, up 37% YoY, after the Mate 60's launch, and Apple dropped 10% YoY (Counterpoint Research) https://t.co/WfjnK8TQ28 š« Subscribe: https://t.co/OyWeKSRpIM https://t.co/jXnv8hvmcG
In 50 Words: Huawei Q3 improves net profit on Mate 60 Pro sales https://t.co/NWTwVIyd9i
Huawei reports Q3 revenue up 1% YoY to ~$19.9B, revenue for Q1 to Q3 2023 up 2.4% YoY to ~$62.3B, and a 16% profit margin in Q1 to Q3, up from 15% in H1 2023 (@chengevelyn / CNBC) https://t.co/rJhQhM4nmv š« Subscribe: https://t.co/OyWeKSRpIM https://t.co/jVwoUA51tv
China's Huawei reports modest revenue growth for first three quarters https://t.co/sJAlFL2isw https://t.co/aPWb0aazqu
Huawei's third-quarter revenue barely grew despite growing phone and car sales https://t.co/WA3m2rd019
Huawei's surprise 5G smartphone helped it grow quicker than Apple in China https://t.co/N1mUhQ9M9Y
Huawei's surprise 5G smartphone helped it grow quicker than Apple in China https://t.co/1jx5Zk9fGp
China smartphone shipments continue decline in third quarter as former Huawei mobile brand Honor reclaims top vendor ranking https://t.co/8JSrPqiZKQ via @scmpnews
Chinese iPhone sales fell 10%, as Huawei re-emerges as competitor https://t.co/jYO0Vwyz2T by @benlovejoy
China Q3 smartphone sales down 5%, but Huawei boosts share-Canalys https://t.co/b74BdCjYRN https://t.co/ftxM0anpY1
Elevator maker Kone's third-quarter orders beat expectations on strong China https://t.co/3bOFYNVXWk https://t.co/tlEAWj4804
Elevator maker Kone's third-quarter orders beat expectations on strong China https://t.co/yYgPOY0THf https://t.co/3EOpafH9sr