Chinese telecommunications giant Huawei and manufacturer of mobile devices announced a 40 percent rise in sales revenues in the first half of 2016.
In the first half of Huawei income increased by 40% compared to the same period of 2015 and reached $ 37 million. In this case, the operating margin was 12% compared to 18% last year. Huawei plans before the end of 2016 a profit of $ 75 billion. For comparison, at the end of 2015 Huawei revenue totaled $ 59 billion, $ 19 billion of which brought the unit responsible for the release of smartphones, tablets, handheld devices and other electronics, including decisions for home.
"We have achieved steady growth in all three of our business groups at the expense of a well-balanced presence in the global market and the attention to our strategy," - said Chief Financial Officer Sabrina Man ??(Sabrina Meng), commenting on the financial indicators of Huawei in the first half.