Caixin
BUSINESS & TECH

Huawei Smartphone Business Powers Up Value Chain

By Yang Ge
Huawei Technologies Ltd. said it sold 73 million smartphones in the first half of the year, generating 105.4 billion ($15.64 billion) yuan in revenue. Above, Huawei participates in the China Hi-Tech Fair in Shenzhen in October 2007. Photo: Visual China
Huawei Technologies Ltd. said it sold 73 million smartphones in the first half of the year, generating 105.4 billion ($15.64 billion) yuan in revenue. Above, Huawei participates in the China Hi-Tech Fair in Shenzhen in October 2007. Photo: Visual China

Telecom equipment-maker Huawei Technologies Ltd. said its smartphone sales rose 20.6% in the first half of the year as it consolidated the leading position in its home China market and edged up the value chain with more high-end sales.

Huawei said it sold 73 million smartphones in the first half of the year, generating 105.4 billion ($15.64 billion) yuan in revenue, according to a company statement.

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