Payments related to the Honor smartphone unit sale largely drove the $62.4 billion profit.
The release of the Mate 60 series propelled Huawei’s Q3 smartphone sales, surging 37% compared to the previous year.
Huawei posted revenues of 456.6 billion yuan for the first three quarters of the year, up 2.4% from a year earlier. Huawei’s smartphone sales surged in the third quarter thanks to the release of the Mate 60 series at the end of the August, three research firms said this week, with Counterpoint Research reporting a 37% year-on-year increase for the company.
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