Huawei achieved the highest earnings in seven years




Company published Huawei Chinese IT financial results on Friday, which is the highest in terms of annual revenue since 2008, thanks to China ‘s dependence on the fourth generation 4G technology, the company ‘s strong sales of mobile phones worldwide.

The telecommunications equipment manufacturer to increased total revenue by 37 percent to about 61.10 billion dollars in 2015, and the figure is slightly higher than its previous forecast.

The company, which is headquartered in the Chinese city of Shenzhen, said it expects the increase in revenue this year to reach $ 75 billion, which According to calculations by Reuters means that Rate the growth Slow to me 23 per cent.

The company worked to develop an early goal in 2014 refers to the possibility of the arrival of total revenue by 2018 to about $ 70 billion, which has been translated into growth of nearly 10 percent.

The Huawei had expected access to about $ 30 billion of consumer hardware revenue for 2016, which is considered the fastest-growing sections and the second largest revenue generator for the company last year.

Forecast assumes a slowdown in the growth of business revenues by 51 percent in 2016, compared with 73 percent in 2015, which the company outperformed domestic peers such as Lenovo and Xiaoma.

Huawei became in 2015 the first Chinese phones are shipping more than 100 million smart phone manufacturing company, and shipments jumped 44 percent to break the slowdown in market growth, and helped the rise in net profit by 32 percent.


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