21.01.2013 09:50 Uhr, Quelle: Engadget

Huawei 2012 results: $2.5 billion profit, smartphone penetration 'still way too low'

Huawei has announced some pretty respectable numbers for the year just passed, with the company taking $35.4 billion (CNY 220.2 billion) in revenue and turning that into $2.48 billion (CNY 15.4 billion) profit -- both figures showing improvement over their 2011 counterparts. CFO Cathy Meng, daughter of Huawei's founder, said that despite the money coming in, "smartphone penetration is still way too low and there is a lot of room for growth." Meng also brought up the ongoing trust

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