Breaking News, World News and Taiwan News.

Profits for Chinese tech behemoth Huawei rose 33 percent last year

BEIJING -- Chinese tech giant Huawei has reported details of its 2012 financial performance as part of efforts to increase transparency and allay Western concerns the network equipment supplier might be a security risk.

The company's CFO, Cathy Meng, said at a news conference Monday annual profit rose 33 percent to 15.4 billion yuan (US$2.4 billion). She said the event was the first of its kind and part of an effort to “honor our commitment to transparency.”

 

 

 

 

 

 

 

 

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
WSJA
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search