Huawei sales revenue hit $46 billion in 2014

January 5th, 2015   decode   Android 5, Android 5.1, Other

Thanks to advances in cloud computing and higher demand for smart devices, Chinese manufacturer Huawei is expecting its 2014 sales revenue to rise by 15% to $46 billion. That was mentioned by CEO Ken Hu, who made the announcement in a New Year’s message on the company’s website.

Huawei

The announcement comes just a few months after the company revealed that it is working to boost its sales to $70 billion by 2018, which translates to around 10% growth each year.

A few days ago, there were reports that Huawei’s smartphone revenue increased by around 33% to over $11.8 billion last year. While the company shipped around 75 million smartphones in 2014, up 40% year-on-year, it fell short of the previously stated sales target of 80 million units.

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