Huawei Reports Strong Sales Push 2017 Profit Up 28.1 Percent

(Source: Wireless Week) Huawei Technology Ltd., the Chinese maker of smartphones and telecom equipment, said Friday its profit rose 28.1 percent in 2017, boosted by strong enterprise and consumer sales. Huawei said it earned 47.5 billion yuan ($7.6 billion) for the year, a marked improvement over the previous year, when profit rose just 0.4 ..