Huawei's turnover for the first half of 2018 increased by 15% :: Investor.bg



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<img src = "https://www.investor.bg/images/photos/0265/0000265674-article3.jpg" alt = "Huawei Technologies of China announced a 15% growth in profits in the first half and industry data showed growth in the first half of the year, from the home market share for a smartphone maker that faces serious problems in the US market in relation to the US national security concerns, according to Reuters.

The third largest smartphone maker in the world announced today reached 325.7 billion yuan (47, 7 billion US dollars) for the six-month period ending June 30, thanks to the strong performance of its subdivisions, including smart phones, telecommunications equipment and IT infrastructure services, the company maintains the revenue growth rate of 39 years ago

L Operating margin for the period increased by 14% compared to 11% a year earlier.

The Chinese market is Huawei's key as the company is increasingly threatened in the United States, Australia and other countries because of its fears that it may help the Chinese government to spy on them. The company refuses to badist the spying and claims to be a private company that is not under the control of the Chinese authorities and that is not subject to Chinese security laws at the time.

Huawei has increased its market share in the second quarter According to data from the market research company Cbadys, the Chinese smartphone market has reached a record 27% against 21% there is a year.

Chinese smartphone sales rose more than 10% to more than 100 million after they collapsed in the first.

Huawei's consumer business The company generated half of its revenue from its telecom business

Huawei did not disclose more information about its financial results, including its profits for the first half of the year

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