Huawei estimates its group revenue increased 15% in 2017 to 600 billion Chinese yuan (91.2 billion US dollars), which would mean last year saw the company’s slowest growth since 2013. It reported a 10% increase in mobile phone shipments in 2017 to 153 million units.
In a statement, Huawei rotating CEO Ken Hu, said: “As a global player, we need to be patient and persistent, demonstrating our value and contribution one quiet step at a time. We need to earn trust, continue to improve, and cultivate a receptive business environment that can support business development on a whole new level: not just 100 billion dollars, but revenues of hundreds of billions of dollars and beyond.” Source: Mobile World Live article.
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