Chinese telecoms giant Huawei has reported a 30% rise in revenues for the first six months of the year.
This is an advance on last year, when the firm reported a 20% rise in revenue.
The company attributed the rise to solid smartphone sales. Huawei is the third biggest smartphone seller in China, behind Apple and Xiaomi, according to research firm IDC. In a statement on Monday, they announced that sales reached 175.9 billion yuan ($A38.6 billion) on an unaudited basis in the January-June period.
‘Huawei’s mid-range and high-end smartphones have made solid progress, helping us guarantee quality and sustainable growth in the consumer business,’ Chief Financial Officer Meng Wanzhou said.
“We are confident that we will maintain effective growth and steady and healthy development in all business segments in 2015.”
