SHENZHEN: China's Huawei Technologies, the world's third-biggest maker of smartphones, turned in a higher annual profit on record handset sales ...
for failing to fix long-standing security flaws in its mobile network equipment and revealed new"significant technical issues".
Global revenue for the Shenzhen-based firm climbed 19.5 per cent, surpassing US$100 billion for the first time to hit 721.2 billion yuan last year, marking its fastest pace of business growth in two years.sentifi.com"The easiest way to bring down a fortress is to attack it from within. And the easiest way to reinforce it is from outside," rotating Chairman Guo Ping said at a press briefing attended by over 100 journalists, way more than in past years.
Huawei has launched an unprecedented media blitz in recent months, opening up its campus to news groups and parading its typically low-key founder, Ren Zhengfei, in front of global media, as it fights U.S. concerns over its network gear.Huawei's consumer business, which includes smartphone operations, grew 45 per cent last year after shipping 206 million smartphones. The segment grew about 32 percent a year earlier.
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