Best Phone Arena - News : Huawei’s mobile division wraps up 2014 with record revenue, Huawei free its audited annual report for 2014. The Chinese technical school big denote record revenue of $46.5 billion and profits of $4.5 billion - up twenty.6% and 32.7% severally from the previous year.
The company’s shopper Business cluster that styles and manufactures smartphones and tablets saw its annual revenue grow by nearly a 3rd (32.6%) from 2013 to $12 billion. Healthy demand for the company’s smartphones and tablets drove the revenue bump.
The manufacturer invested with $6.6 billion for analysis and development in 2014. That is 14.2% of Huawei’s revenue and twenty nine.4% quite in 2013. Overall, the corporate has spent a banging $30.7 billion on R&D over the past decade.
Huawei can doubtless continue growing throughout 2015. the corporate can launch its next flagship smartphone, the Huawei P8 on Gregorian calendar month fifteen.
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