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Boost for Huawei revenues thanks to smartphone sales

2015-07-20 52 Dailymotion

Sales of smartphones have helped drive a rise in revenues for Huawei. The Chinese telecoms giant has reported a 30 percent rise for the first six months of the year.<br /><br /> The boost in smartphone sales and growth in other business areas saw revenues climb to 175.9 billion yuan – around 20 billion euros. It did not disclose its profit but said its operating margin grew by 18 percent in the six month period.<br /><br /> According to research the company is the third biggest smartphone seller in China and one of the world’s largest telecoms equipment makers.<br /><br /> Huawei has come under scrutiny in the US because of its alleged close ties with the Chinese government.

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