Huawei has announced its audited financial results for 2017, reporting "solid business growth." The company's total annual revenue was CNY603.6 billion (US$92.5 billion based on year-end exchange rates), a jump of 15.7% over 2016. Net profits came in at CNY47.5 billion (US$7.3 billion), an increase of 28.1% year-on-year. In 2017, Huawei's annual investment in research and development hit CNY89.7 billion (US$13.8 billion), up 17.4% compared... Continue Reading →