Huawei announced revenues of CNY 325.7 billion for the first half of 2017, up 15 percent from the year-earlier period, according Telecompaper. The company's operating margin reached 14 percent, up from 11 percent reported for H1 2017.
The sales growth was in line with the 15 percent reported for all of 2017 and follows recent comments from the company of strong smartphone shipments in the year to date. Huawei did not provide further figures, but said it continued to "boost the efficiency and quality of its operations, which has helped contribute to its solid performance". The company expects to maintain the momentum, and "round out the year in a strong financial position".
