Huawei sees revenues rise 30% in H1 2015

Huawei sees revenues rise 30% in H1 2015

Huawei has announced its first half results for 2015, experiencing a 30% rise in revenues.

Revenues grew to $28.3 billion in the first six months of this year, which the vendor attributed to healthy growth across all three of its business segments; enterprise, consumer and carrier.

In the carrier segment, Huawei has focussed on SDN and cloud computing, which it claims has given it leadership advantage in the market.

"Investment continued to pour into 4G network construction in China. In addition, the growth in global data traffic drives investment in network capacity expansion, while carriers' digital transformation pushes up investment in the ICT industry," said Huawei CFO Meng Wanzhou. "These factors helped us maintain steady growth in the carrier business."

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