Huawei claims 30% increase in sales in 2015 first half

July 20, 2015
Huawei says sales during the first half of 2015 increased 30% year over year, to an unaudited CNY175.9 billion ($28.3 billion), with an operating margin of 18%.

Huawei says sales during the first half of 2015 increased 30% year over year, to an unaudited CNY175.9 billion ($28.3 billion), with an operating margin of 18%.

Huawei's Chief Financial Officer Meng Wanzhou said the company enjoyed success in all three of its main businesses – enterprise, consumer, and carrier.

"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," she said by way of example. In consumer, the company showed strength in mid-range and high-end smartphones, particularly the Mate7 and P8.

Performance within the carrier business benefited from the company's investments in next-generation network technologies, particularly software-defined networking (SDN) and cloud computing, according to Meng. "Investment continued to pour into 4G network construction in China. In addition, the growth in global data traffic drives investment in network capacity expansion, while carriers' digital transformation pushes up investment in the ICT industry," Meng added. "These factors helped us maintain steady growth in the carrier business."

For more information on high-speed transmission systems and suppliers, visit the Lightwave Buyer's Guide.

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