华为

Smartphones boost Huawei revenue by a fifth

Huawei, the privately-held Chinese telecoms equipment giant, says revenue grew by a fifth in 2014 to Rmb287-289bn ($46-$47bn), led by its smartphones division.

Overall sales rose 20 per cent compared with the previous year, driven by a 32 per cent surge in smartphone sales, according to unaudited figures published on Tuesday.

Operating profits are expected to reach Rmb33.9bn to Rmb34.3bn, giving a margin in line with the previous year of 12 per cent.

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