Huawei’s 6 Month Turnover up 30%

Huawei Technologies has released results for the first half of the year, recording turnover of CNY175.9 billion ($28.3 billion), an increase of 30% year on year. The company’s operating margin was 18%.

The company said that it achieved ‘stable and healthy growth’ in all three of its business segments in the first six months of the year and sold more than 10 million smartphones every month since May. Huawei is targeting sales of 100 million units by the end of the year.