As you know, there are currently significant losses in the world, especially in the technology sector. The reflection of the disruptions in the procurement process to the market and the fact that investors have attracted their investments due to the Corona virus epidemic have turned the markets upside down. In addition, Huawei proves its success in wearable technology in numbers.
The smartphone industry for Huawei is also interrupted. Especially Huawei could not achieve the expected success in the smartphone market after the crisis with the USA. In addition, the China-based technology giant, which has proven itself in the field of wearable technology, is growing 100 percent in the second year in a row.
According to the company figures, Huawei has grown in the field of wearable technology as expected for two consecutive years. The growth rate of over 100 percent is enough to make the company smile.
All in all, wearable technology products are already growing rapidly in the global market. According to data released by research firm IDC, the wearable technology market on a global basis grew only 89 percent in 2019. While the volume of wearable products was 178 million in 2018, it increased to 336.5 million in 2019, gaining a great momentum.
IDC says that the volume of shipments in Huawei monopoly grew by 149 percent in 2019, while the company’s annual growth is more than 170 percent. In both cases, the China-based tech giant becomes an important player in the wearable technology market.
The company is constantly increasing its investment in wearable technology. With the investments it has made in recent years, Huawei has added value to both the smart watch industry, smart wristbands and FreeBuds series wireless in-ear headphones. The company has developed and started using its own chipset for wearable devices. The Kirin A1 chipset is included in the 2 and FreeBuds 3 wireless headphones.