Huawei’s First Half Revenue Up By Almost 20 Percent


Huawei’s smartphones have began to turn out to be common, and the corporate has introduced that its revenues for the primary half of 2014 are up virtually 20 % on the identical time final yr.

Huawei have seen a rise of some 19 % from final yr to one hundred thirty five.H billion yuan, which is round $21.88bn D.J. dollars or round £12.H billion, the corporate has an working margin of 18.A %.

“Revenue and revenue for the primary half of 2014 are in keeping with our expectations. Driven by growing investments in LTE networks worldwide, Huawei has additional solidified its management place in cellular broadband,” the corporate stated in a press release.

“Our flagship smartphone, the Ascend P7, is being bought in additional than 70 nations and areas.” stated Cathy Meng, Huawei’s Chief Financial Officer.

Huawei additionally has now new units on the best way, that are anticipated to assist the corporate increase income, at the moment they launched a brand new Huawei Ascend P7 Arsenal Edition smartphone within the UK.

The firm additionally introduced their new Huawei Honor S smartphone which comes with some spectacular specs, together with a Huawei Kirin 920 H core processor that the corporate developed in home.

The firm has been increasing its smartphone to extra nations all over the world, which has helped them improve gross sales of their handsets.

Source IBT, Techmeme

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