Leading telecoms equipment maker Huawei said its revenue rose 37% in 2015 to 395 billion Chinese yuan (60.8 billion US dollars).
The company said its Carrier business group generated 232.3 billion yuan (35.8 billion dollars), up 21%, fuelled by widespread rollout of 4G networks. The Enterprise business group reported 27.6 billion yuan in annual revenue, an increase of 44% driven by "rapid growth in the public safety, finance, transportation, and energy sectors."
Finally, the Consumer business group reported revenue of 129.1 billion yuan (19.9 billion dollars), up 73%. Huawei said: "This increase was a direct result of increased demand for high-quality products that deliver a premium user experience, as well as Huawei's growing influence as a consumer brand."
In 2015, Huawei invested 15% of its annual revenue – 59.6 billion yuan (9.2 billion dollars) – in research and development. source: Huawei statement