China's Huawei Technology said Thursday first-half revenues at its telecoms equipment and smartphone businesses expanded at a slower pace than the year before.
The company, which is one of the world's biggest telecoms gear makers, reported that sales grew 15 percent to 283.1 billion yuan ($42 billion) in the first six months of the year. That's down from 40 percent growth a year ago.
Consumer sales, which includes Huawei's smartphone unit, expanded 36.2 percent to 105.4 billion yuan ($15.6 billion), compared with last year's 41 percent pace.
Huawei said the numbers were not audited. It did not disclose profit figures.
Its smartphone shipments rose 21 percent to...