Chinese manufacturer Huawei has seen its smartphone sales rise by almost a third in 2014 to $11.8 billion, according to a report by Reuters. The publication cites a shared internal memo, showing the company's continued growth in the competitive industry.

The division shipped about 75 million smartphones in 2014, according to the year-end memo to employees sent by Richard Yu, the head of Huawei's consumer business. Although that represented a more than 40 percent year-on-year increase, the figure lagged behind Huawei's previously stated sales target of 80 million units.

It has been an eventful year for Huawei, with Gartner ranking the company high with leading competitors. You can take a look at some of the hardware released by the company by checking out our Ascend P7 and Mate 7 reviews.

Huawei results are set to be published in the coming weeks, which will surely shed light on this report. See the Reuters report for more details.

Source: Reuters