CHINA TOPIX

Huawei’s Profit Rises by 33 Percent With 108 Million Smartphone Shipments in 2015

S Satapathy   |

Apr 01, 2016 01:36 PM EDT

The profit of Chinese tech company Huawei rose by 33 per cent in 2015, driven by its smartphones sale. In its annual report, the company revealed that its net profits reached 36.9 billion yuan ($6.13 billion) in 2015 and its global revenue grew to 395 billion yuan, up by 37 percent from the previous year.