Huawei profits rise 17% over last year
- Huawei Chinese not only last year launched several smart phones and high-class designs for the global market, so that sales and the results of their work was impressive, according to the company, the net operating profit last year rose 17% from the previous year. The growing global trend towards the adoption of the fourth-generation networks is the source of the company's earnings growth, while total revenue rose 20% during 2014. Huawei faces significant competition from Ericsson company, in the field of infrastructure and mobile communications networks. They are also in a feverish race against time to develop a fifth-generation networks to be one of the first companies to be provided in addition to the marked superiority in the smartphone market. The company's revenue from hardware and sector-oriented individual consumers business has grown 32%, thanks to higher sales of medium and high hardware specifications as well as grew 27% in business-oriented enterprise. The company...