25.07.2012 00:05 Uhr, Quelle: Engadget

Huawei 1H 2012: profits dropped 22 percent, still made $1.37 billion

Huawei's financial figures for the first six months of 2012 reveal that the Chinese behemoth brought in turnover of 102.7 billion yuan ($16.08 billion), making a profit of 8.79 billion yuan ($1.37 billion). That's not exactly bad news, but the figure is 22 percent smaller than the same period last year -- leading the company to blame the drop on the global economy and saying that the telecoms business is a "significant challenge." It humbly bragged that it had deployed 38 of the 80

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