Huawei's revenues increase by 37 percent in 2015
Huawei has recorded revenue of ¥395 billion ($61.10 billion) in 2015, an increase of 37 percent from last year. Net profit increased 32 percent to ¥36.9 billion ($5.7 billion), with operating margins at 11.6 percent. The revenue increase represents Huawei's strongest growth since 2008, aided by the uptake of 4G in China and the vendor's momentum in the global smartphone segment.
Huawei's consumer devices business recorded a growth of 72.9 percent, with over 100 million shipments in 2015 allowing the manufacturer to edge out local rivals Lenovo and Xiaomi. The vendor's telecommunications unit also saw a healthy 21.4 percent increase.
With the P9 slated to debut later this month, it doesn't look like the vendor is going to let up anytime soon.
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Harish Jonnalagadda is a Senior Editor overseeing Asia at Android Central. He leads the site's coverage of Chinese phone brands, contributing to reviews, features, and buying guides. He also writes about storage servers, audio products, and the semiconductor industry. Contact him on Twitter at @chunkynerd.