China's Huawei 2014 smartphone shipments grow by 40 percent - memo

By Gerry Shih BEIJING (Reuters) - Huawei Technology Co Ltd's smartphone shipments rose by more than 40 percent in 2014, according to an internal memo seen by Reuters, failing to match its own target and the performance of faster growing rivals such as Xiaomi Inc . Although Huawei's shipments reached 75 million, the figure came in below its previously stated sales target of 80 million units. ...