Huawei H1 Sales revenue registers 40% growth

In the first half of 2016, Huawei generated sales revenue of CNY245.5 billion, an increase of 40 percent comparing with the same period last year.

“We achieved steady growth across all three of our business groups, thanks to a well-balanced global presence and an unwavering focus on our pipe strategy,” said Sabrina Meng, chief financial officer, Huawei.

“We are confident that the it will maintain its current momentum, and round out the full year in a positive financial position backed by sound ongoing operations,” added Meng.

Huawei’s enterprise business is on a fast development track and is developing open systems and driving collaboration with customers and partners for joint innovation...Read More