Huawei revenue gets 'smart' boost

Company nets $28b in first six months after strong growth in key segments

Huawei Technologies Co Ltd on Monday said its revenue during the first six months of the year rose 30 percent to 175.9 billion yuan ($28 billion), fueled by strong growth in its smartphone, enterprise and telecom equipment businesses.

The biggest communications equipment maker in China said its operating margin during the January-June period was 18 percent, compared with 18.3 percent during the same period a year ago. Privately held Huawei did not disclose the earnings for individual sectors.