Huawei scores 175.9 billion CNY (RM107.9 billion) for 2015 H1, 30% increase over previous years


Huawei recently announced its sales earnings for H1 2015 with a marked 30% increase year-on-year resulting in 175.9 billion CNY (RM107.9 billion). While many of these earnings come from the enterprise side of their busines it should be noted that their consumer smartphone business have done exceedingly well with the Huawei Mate 7 and P8 both doing well. Work and investments continue to focus on 4G networks while laying the foundation for future expansion. Check out what Huawei had to say about these achievements below.

"In the first half of 2015, Huawei achieved stable and healthy growth in all of its three business segments. In the enterprise business, our innovative products and solutions have laid the foundation for building strong competitiveness and been widely recognized by customers, and we have started to experience accelerated growth. Thanks to the extensive application of our cloud computing, storage, agile network, and other flagship products and solutions in the smart city, finance, education, and ISP markets in and outside of China, our growth in the enterprise business began to pick up in the first half of this year. Huawei's mid-range and high-end smartphones, Mate7 and P8 in particular, as well as Honor-branded phones, have made solid progress, helping us guarantee quality and sustainable growth in the consumer business. With Huawei's well-balanced, worldwide presence, we are confident that we will maintain effective growth and steady and healthy development in all business segments in 2015." Meng Wanzhou, Huawei's Chief Financial Officer 

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