Huawei saved mostly by smartphone, tablet pushes
Huawei on Monday said that its profit had tumbled 53 percent in 2011. The company made the equivalent or $1.8 billion and primarily blamed a tough world economy and resulting currency shifts. Most of its 2011 sales were buoyed by its home device group, whose modems, smartphones, and tablets saw revenue jump 44.3 percent; about 20 million were smartphones.
Company claims "fastest smartphone"
As expected, Huawei brought its flagship quad-core smartphone, the Ascend D quad, to Barcelona this week for Mobile World Congress. The company claims the device is the fastest smartphone yet, a bold claim for a handset maker that has just recently begun to try to establish its own brand after spending years as an original design manufacturer. In our hands-on preview, we try to discover if the device holds up to Huawei's promises.