China's Huawei Technologies says 2014 profit likely rose 17 percent

BEIJING (Reuters) - Huawei Technologies Co Ltd likely booked a 17 percent increase in operating profit last year, as worldwide adoption of fourth-generation (4G) mobile technology boosted earnings at China's leading telecommunications equipment maker. Profit likely reached 33.9 billion yuan (4 billion pounds) to 34.3 billion yuan in 2014, on a roughly 20 percent increase in revenue at 287 billion yuan to 289 billion yuan, the company said on Tuesday in unaudited results. ...