Tuesday, July 21, 2015

Huawei says smartphone shipments jumped 39 percent in first half

China's Huawei Technologies Co Ltd [HWT.UL], the world's fourth-biggest smartphone manufacturer, on Wednesday said it shipped 48.2 million smartphones globally in the first half of 2015, a 39 percent rise from a year before.Shenzhen-based Huawei, which competes with Chinese smartphone makers Lenovo Group Ltd and ZTE Corp, recorded a 69 percent increase in its consumer business group revenue to $9.09 billion thanks to strong sales from high-end smartphone models, the company said in a statement. (Reporting by Yimou Lee; Editing by Stephen Coates)

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