Huawei revenue up 39 percent in Q1

Huawei 5G smartphone

SHENZHEN, April 22 (Xinhua) -- Chinese tech giant Huawei's revenue rose 39 percent year on year to 179.7 billion yuan (26.8 billion U.S. dollars) in the first quarter of this year, the company announced on Monday.

The company's net profit margin in the first quarter was about 8 percent, slightly higher than in the same period last year.