Huawei revenue up 40% to $36.75 bn in first half

Huawei P7 launch
Telecom network and software maker Huawei said it generated sales revenue of CNY 245.5 billion (+40 percent) or $36.75 billion in the first six months of 2016.

The Chinese technology company achieved an operating margin of 12 percent.

Sabrina Meng, chief financial officer of Huawei, said: “We are confident that Huawei will maintain its current momentum, and round out the full year in a positive financial position backed by sound ongoing operations.”

Huawei did not share specific details on revenue from its enterprise, devices and telecom network product businesses.

editor@telecomlead.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Global RAN Market Stabilizes in 2025 as Huawei, Ericsson, Nokia Lead Vendor Rankings: Dell’Oro

The global Radio Access Network (RAN) market showed signs...

5G Mobile Core Network revenue surges: Dell’Oro

The global Mobile Core Network (MCN) market recorded a...

MWC 2026: Ericsson launches Agentic rApp as a Service on AWS to accelerate AI-driven autonomous networks

Ericsson has introduced Agentic rApp as a Service (rApp...

Nokia Q4 2025 Revenue Hits €6.13 bn as Optical Networks Soar Amid AI and Cloud Demand

Telecom network provider Nokia reported revenue of €6.125 billion...