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Huawei H1 sales up 11 pct on move into mobile devices

2013-07-25 11:02 China Daily Web Editor: qindexing
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Huawei Technologies Co, China's biggest maker of phone equipment, posted an 11 percent gain in first-half sales as a push into mobile devices helped expand its lead over Ericsson AB.

Revenue was 113.8 billion yuan ($18.5 billion), Shenzhen-based Huawei said in an e-mailed statement. The statement didn't provide prior year figures or a profit number.

Huawei overtook Ericsson in total revenue last year as founder Ren Zhengfei pushed the company to diversify from its traditional network equipment products into smartphones, tablets and cloud-computing services.

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