Huawei's consumer business unit generated $9.09 billion in revenue in the first half of this year, representing an impressive 69 percent year-on-year increase, the company said in July.
Richard Yu, who leads its consumer electronics business, expects full-year earnings to reach $20 billion.
Analysts suggest the Chinese wearables market could prove a hard nut to crack for Huawei after it miraculously made itself a top-three smartphone vendor by shipments over the past 12 months.
Apple has managed to sell 3.6 million first-generation Apple Watches that have less than a day in battery life, in the second quarter, lagging only Fitbit's 4.4 million, according to research firm IDC.
Fitbit's most expensive product is selling for under 2,000 yuan ($314) against the cheapest Apple Watch at 2,588 yuan.
Huawei had only been offering its 999-yuan TalkBand wearable series until Wednesday, but has found it difficult to sell to non-Huawei smartphone users. The company has struggled in competition with Samsung Electronics Co Ltd, which shipped 600,000 wearables in the second quarter, IDC said.
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