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Huawei Operating Revenue Up 30% In H1 2015

2015-07-29 by ChinaWirelessNews.com Editor | Print | Email Email

Chinese telecom device maker Huawei published its semi-annual performance report for the first half of 2015, stating that the company achieved sales of CNY175.9 billion during the reporting period, a year-on-year increase of 30%; and its operating profit rate was 18%.

Meng Wanzhou, chief financial officer of Huawei, said that in the first six months of 2015, Huawei gained stable and healthy growth in its three major business sectors. With the company's global balanced layout, they are confident in achieving continuous and effective growth in 2015.

For its consumer business, Huawei's medium- and high-end smartphones such as Mate7 and P8 and its Honor-branded products gained good progress. The company realized quality and sustainable growth for its consumer business.

For its carrier business, Huawei reported continuous and stable growth due to 4G network construction in China, network capacity improvement driven by global data traffic growth, and ICT industrial investment promoted by digital transformation of carriers.

Find more stories about: 3G, 4G, Gadgets & Electronics, Huawei, Meng Wanzhou, mobile, mobile phone, smartphone, Telecom & Wireless, Wireless

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