Higher-end phones help Huawei rake in the cash

Huawei Technologies' shift to selling high-end smartphones is paying off. The more expensive devices helped almost double the company's handset revenue in this year's first half.

Although Chinese brands have a reputation for selling cheap, low-end products, Huawei is out to make itself into a top provider of premium phones.

On Wednesday, it revealed some of that progress, noting revenue from its handset business totaled $7.23 billion over the previous six months, up 87 percent year on...

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