News Column

Huawei H1 Operating Revenue Up 18%

July 18, 2014

SHENZHEN, July 18, SinoCast -- Huawei Technologies vice chairman revealed 70% income harvested from abroad for the company. The telecom equipment supplier has set up 16 research institutes, 28 joint innovation centers and 45 training centers worldwide. More than 70,000 of its 150,000 employees are engaged in research and development, which cost over 10% of its yearly revenue to assure leading status.

In the first half of 2014, Huawei Technologies harvested operating revenue of USD 22 billion, rising 18% from a year earlier, ranking number 285 among world top 500. In 2013, income reached USD 39.4 billion.

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Source: Sinocast Telecommunications Beat (China)

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