Huawei grew revenue 37% to $62 billion for a profit of $5.7 billion. It expects revenues of $75 billion this year. Sales of consumer goods, including 108 million smartphones, rose 73% to $19.9 billion. Sales of networking equipment rose 21% to $35.8 billion propelled by investment in 4G. Huawei spent $9 billion on R&D. In ...
from ElectronicsWeekly http://www.electronicsweekly.com/news/business/huawei-has-bumper-2015-2016-04/
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