Huawei expects consolidated revenues by the end of 2015 in the amount of 390 billion yuan (about us $60 billion), which is 35% higher than the previous year. Previously one of the largest suppliers of telecommunications equipment in the world (fighting for first place with Ericsson) had expected growth of 20%. In Huawei expects that by 2018 revenues will reach $70 billion, writes Reuters.

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Huawei expects consolidated revenues by the end of 2015 in the amount of 390 billion yuan (about us $60 billion), which is 35% higher than the previous year. Previously one of the largest suppliers of telecommunications equipment in the world (fighting for first place with Ericsson) had expected growth of 20%. In Huawei expects that by 2018 revenues will reach $70 billion, writes Reuters.

last week, Huawei announced a 100 million smartphones sold, which allowed it to become one of three leaders of the mobile market along with Samsung and Apple. The company continues its expansion into the international smartphone market with the purpose to sell outside of China, 60% of cell phones. This should bring revenue of $16 billion.

the company's Strategy for the migration of users to more expensive devices than those that they own at the moment. In this regard, the investment will be used to develop lines of high-end mobile devices and smartphones middle class. According to Huawei's calculations, one third sold in the third quarter of smartphones cost $309.

Rival Huawei in the Chinese market — the company Xiaomi has not achieved the expected indicators in 80 million devices sold, realizing only 53 million smartphones. Lenovo, in turn, is forced to deal with the Motorola brand, acquired in 2014. This has a negative impact on its financial performance.

the Huawei Smartphones in the directory Onliner.by