From CNET: Huawei Technologies continues to be an up-and-comer in the smartphone world.
In 2014, smartphone revenue for the Chinese telecommunications company rose by nearly one-third to $11.8 billion, according to both Reuters and The Wall Street Journal, each citing an internal staff memo.
The memo, sent by Richard Yu, the head of Huawei's consumer business, also said that smartphone shipments for the company exceeded 75 million units, an increase of 40 percent from the preceding year, both news organizations reported.
Huawei had been aiming to hit 80 million units for the year, Reuters said.
For all its growth, Huawei remains a fixture mostly in its home market of China. The year-end memo said that outside China, Huawei's growth in smartphone sales was strongest in the Middle East, northern Latin America and Southeast Asia, according to the Journal.
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