Huawei's profits jump 25 percent in 2018 on smartphone sales

China's Huawei Technologies, the world's third-largest smartphone maker, reported a 25 percent jump in 2018 net profit, buoyed by a solid performance in its home market and a booming smartphone business.

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China's Huawei Technologies, the world's third-largest smartphone maker, reported a 25 percent jump in 2018 net profit, buoyed by a solid performance in its home market and a booming smartphone business.