Hostesses hold the the Huawei's new smartphone, the Ascend P7, launched by China's Huawei Technologies during a presentation in Paris, May 7, 2014.
Credit: /Philippe Wojazer
- The smartphone division of Chinese telecoms firm Huawei Technology Co Ltd [HWT.UL] recorded $11.8 billion in revenues in 2014, a 30 percent year-on-year increase, according to an internal memo seen by .
The memo also said the division shipped about 75 million smartphones in 2014, a 40 percent year-on-year increase, but which lagged its target of 80 million units.
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