China’s Huawei Technologies says first-half income rose 15 percent


HONG KONG – China’s Huawei Technologies [HWT.UL], the world’s third-largest smartphone maker, said on Tuesday first-half revenue rose 15 percent, the same as last year and the slowest growth since 2013.

The Shenzhen-based company said revenue was 325.7 billion yuan ($47.7 billion), due to solid performance across its operations including smartphones, telecom equipment and enterprise services.

Operating margin in the period rose to 14 percent, from 11 percent a year ago.

Huawei does not release half-year results.

(Reporting by Sijia Jiang; Editing by Sunil Nair) (Reuters)

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