Huawei Delivered Record-High Smartphone Revenue and ASP in Q2 2024

Huawei's global smartphone shipments grew 49% YoY to 11.6 million units in Q2 2024, with record-high ASP and revenue driven by premium models. China accounted for 89% of shipments, solidifying its key market position.

Driven by the comeback in 5G sector and eased supply constraints, Huawei’s global smartphone shipments expanded 49% YoY to 11.6 million units in Q2 2024, meanwhile its wholesale average selling price (ASP) and wholesale revenue reached highest-ever thanks to the greater mix of premium phones (Mate and Pura series combined). China remained Huawei’s bread and butter, accounting for 89% of Huawei’s global smartphone shipments.

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