Recently an audit report has been published by Huawei Officials which claims that mobile division earned record revenue for the company due to ever increasing demand for smartphones and tablets of the company. The company earned a revenue $46.5 billion which is 32.6% increase from the previous year. 

The company Consumer Business Group that manufactures phones and tablets has reported 32.6% increase in revenue. In 2014, the manufacturer invested $6.6 million in research and development. This is 14.2% of Huawei revenue. Over the past one decade, the company has spent $30.7 billion on R&D.

Huawei will also launch its next flagship P8 on April 15, 2015.