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China telecom giant Huawei`s 2014 net profit up 32%

Chinese telecommunications equipment giant Huawei`s net profit surged more than 32 percent to 27.9 billion yuan ($4.5 billion) in 2014, it said Tuesday, helped by demand from emerging markets.

Huawei posts $2.47 billion profit last year

The Shenzhen-based telecom firm, which has now spread to all over the world, including India, forecast a compound annual growth rate of 10 percent over the next five years.

Huawei's 2012 net profits rise

Chinese telecom equipment maker Huawei pocketed 15.4 billion yuan (USD 2.44 billion) in net profits in 2012, up 33 percent year-on-year.