Huawei Technologies Co Ltd. said its first-half revenue jumped 30% to 175.9 billion yuan ($28.3 billion), and added it would achieve “effective growth’ in 2015.
The Chinese telecom equipment maker posted an operating margin of 18% in the first 6 months of 2015, compared with 18.3% in the previous half-year. The private company did not elaborate in its brief statement.
Huawei earlier this year set a target of 20%growth in global revenue for 2015.
The company had targeted overall revenue of $70 billion by 2018, which translates as roughly 10% annual growth. It posted 21% revenue growth last year.
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