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Huawei today announced its business results for the first half of 2017. In the first six months of this year, Huawei generated revenue of USD 41.83 billion (CNY 283.1 billion), an increase of 15% over the same period last year. The company's operating margin was 11%.
Huawei today released its audited financial results for 2016, reporting that its Carrier, Enterprise, and Consumer business groups (BGs) each achieved solid year-on-year growth. Group annual revenue was US$ 75.1 billion (CNY 521.6 billion), an increase of 32% over 2015.
Huawei's server shipment volume ranked third in the global market in Q4 2016 according to a recent market report1 released by Gartner, a global IT technology research and consultancy company
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