Huawei – the top chinese smartphone telecom company has announced 40% increase in sales for the first quarter of 2016. This is 10% growth in sales in comparison to the last year’s first quarter. Huawei accumulated $36.8 billion in the last six months and their target is to make $72 billion in the last quarter of 2016.

Huawei has achieved a lot of success in the year 2016 for its evolving operations. “Huawei has gained a constant growth in its three business units i.e Consumer, device & enterprise due to its stable worldwide presence”- Sabrina Meng ( CFO Huawei)