HONG KONG, March 31 (Reuters) - Chinese telecom equipment
and smartphone maker Huawei Technologies Co Ltd said on
Friday it is targeting a net profit margin of 7 percent going
forward, adding that its carrier business growth rate will slow
Huawei Chief Executive Eric Xu was speaking on Friday after
the company said that net profit edged up just 0.4 percent last
year, its slowest annual growth since 2011.
(Reporting by Sijia Jiang; Editing by Anne Marie Roantree)