China’s Huawei Technologies saw its smartphone shipments rise 62 percent from a year earlier in the first six months of 2014, helped by strong demand in overseas markets such as Latin America and the Middle East, the Wall Street Journal reported Tuesday.
The first-half results make Huawei one of the fastest-growing players in the global smartphone market, the report noted.
The Chinese firm was quoted as saying that it shipped 34.27 million smartphones worldwide in the six months through June, with the second quarter witnessing faster growth with 20.56 million unit shipments.
While the domestic market is showing signs of slower growth, Huawei is expanding rapidly in emerging markets abroad.
The company said its smartphone shipments in the Middle East and Africa increased more than sixfold from a year earlier, while shipments in Latin America rose nearly fourfold. In Europe and the Asian-Pacific region, excluding China, shipments more than doubled, it was quoted as saying.
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