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China's Huawei 2014 Smartphone Sales Rise By A Third


Ron Burgundy
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Hostesses hold the the Huawei's new smartphone, the Ascend P7, launched by China's Huawei Technologies during a presentation in ParisBy Gerry Shih BEIJING (Reuters) - Huawei Technology Co Ltd's smartphone sales rose by almost a third to $11.8 billion in 2014, according to an internal memo seen by Reuters, showing the Chinese telecoms firm's continued ascent in the global handset wars. The division shipped about 75 million smartphones in 2014, according to the year-end memo to employees sent by Richard Yu, the head of Huawei's consumer business. Although that represented a more than 40 percent year-on-year increase, the figure lagged behind Huawei's previously stated sales target of 80 million units. ...




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