Huawei says expects 2017 revenue up 15% to $92 billion

Hu also said Huawei`s smartphone shipments in 2017 totalled 153 million units and its global market share surpassed 10 percent.  

Huawei says expects 2017 revenue up 15% to $92 billion
Visitors are seen at a Huawei stand during the 2017 Mobile World Congress in Shanghai. Image source: Reuters

China`s Huawei Technologies Co Ltd expects 2017 revenue to rise 15 percent to 600 billion yuan ($92.08 billion), its rotating chief executive, Ken Hu, said in a New Year`s message to staff posted on its official WeChat account on Friday.

That would make it the slowest revenue growth in four years for Huawei, the world`s third-largest smartphone maker after Samsung Electronics Co Ltd and Apple Inc.

Hu also said Huawei`s smartphone shipments in 2017 totalled 153 million units and its global market share surpassed 10 percent.
 

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Updated: Fri, Dec 29, 2017
11:57 AM IST
Reuters
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