Friday 30 December 2016

Huawei's revenue growth slowed down, compared to last year

Huawei has gained significant traction as a smartphone manufacturer around the globe this year. But despite having a good year in terms of smartphone sales, the company's revenue growth has slowed down a bit, compared to 2015.

Last year Huawei saw a 35% revenue growth, while this year it reports 32% to its employees. Of course, this doesn't mean that 2016 has been better or worse for the company, since a lot of factors are at play when it comes to a company's revenue.

In an email to employees, acquired by Reuters, Eric Xu, Huawei's rotating chief executive, had this to say for 2016:

The ...

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