Huawei Growth Slows in 2017 Despite Narrowing Gap with Apple
Huawei posted its slowest year-over-year revenue growth since 2013 in 2017, even though it briefly overtook Apple to claim third place in global smartphone shipments. According to a letter published on the company’s WeChat account by rotating CEO Ken Hu, Huawei’s revenue increased by roughly 15 percent to about 600 billion yuan (approximately $92 billion) … Read more