China's Huawei 2017 profit jump helped by cost controls, smartphone sales

China's Huawei 2017 profit jump helped by cost controls, smartphone sales

6 years ago
Anonymous $gIi3-PxxKB

https://www.reuters.com/article/us-huawei-results/chinas-huawei-2017-profit-jump-helped-by-cost-controls-smartphone-sales-idUSKBN1H609Q

China's Huawei Technologies [HWT.UL], the world's third-largest smartphone maker, posted a 28 percent rise in 2017 net profit on Friday, driven by cost controls and a solid performance in its home market.