29-12-2017 13:20 via feedproxy.google.com

Huawei plans global push to combat its slowing smartphone sales in China

(Reuters) – China’s Huawei Technologies on Friday flagged overall and smartphone revenue figures for 2017 that represented its slowest growth in four years, and vowed to extend its global reach with more premium products next year.
The telecom equipment and smartphone maker expects 2017 revenue to rise 15 percent to 600 billion yuan ($92.08 billion), Chief Executive Ken Hu said in his New Year’s message.
That represents the slowest growth since 2013 for Huawei. Its fast revenue
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