Huawei says consumer business group targets $16 billion revenue
By Reuters
Jan 27, 2015 05:07 AM EST
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Jan 27, 2015 05:07 AM EST
China's Huawei Technologies Co Ltd is targeting $16 billion in revenue for its consumer business group this year, the head of the unit, Richard Yu, said on Tuesday.
The Chinese consumer product maker, which competes with Apple Inc and Samsung Electronics Inc for smartphones, said in December it shipped about 75 million smartphones in 2014, a 40 percent year-on-year increase but lagging its target of 80 million units.
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