Huawei profit up 33% in 2014, helped by strong smartphone sales March 31, 2015 - 12:02 AMT PanARMENIAN.Net - Huawei Technologies Ltd., one of the world's biggest makers of telecommunications equipment, says its 2014 profit rose 33 percent, helped by strong sales of smartphones. The firm said Tuesday, March 31, it earned 27.9 billion yuan ($4.5 billion) last year. Revenue rose 20.6 percent to 288.2 billion yuan ($46.5 billion). Huawei is privately held but has released annual results in recent years in an attempt to ease concern in the United States and some other countries that the company might be a security risk. The company, based in the southern Chinese city of Shenzhen, said smartphone sales rose 32.6 percent last year to 75.1 billion yuan ($12 billion). Related links:   Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."   Partner news Most popular in the section |  Latest news Turkey replacing term "Central Asia" with "Turkestan" in textbooks  The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
