Smartphone shift shrinks Huawei margins
智能手机拖累华为利润率
广州科技翻译公司：或因智能手机销量占比上升，中国最大的电信设备供应商上半年收入增长40%，但营业利润率从18%降至12%。
Huawei posted a 40 per cent rise in first-half revenue as upgraded smartphones and network gear helped China’s largest vendor of telecommunications equipment counter slowing global demand.
华为(Huawei)公布上半年收入增长40%。智能手机以及网络设备的更新换代帮助中国最大电信设备供应商克服了全球需求放缓趋势。广州科技翻译公司。
But while revenue surged, picking up from 30 per cent growth in the same period last year, Huawei’s operating margin shrank from 18 per cent to 12 per cent, the privately owned company said yesterday.
然而，据这家私有企业昨日表示，尽管收入飙升（去年同期增长30%），但华为的营业利润率从18%降至12%。
Some analysts said its switch to smartphones may be weighing on profits. Leping Huang, technology an analyst at Nomura, said the lower margins could be attributed to an increasing mix of smartphones in Huawei’s sales. “Typically, [the] smartphone business has much lower margins than telecom equipment,” he said.
一些分析师表示，华为转向智能手机的举动可能令利润承压。野村(Nomura)科技行业分析师黄乐平表示，利润率下滑可能要归咎于智能手机在华为销量中的比例上升。他表示：“通常，智能手机业务的利润率远远低于电信设备。” 广州科技翻译公司。
However, Lucky Zhong, who covers the industry at iResearch, a Beijing-based consulting firm, said that “it’s perfectly natural for a phonemaker with rising revenue to see a decline in operating margins”. He added that 12 per cent is “not too bad”, noting that most Chinese smartphone makers have margins of 10 per cent or less.
然而，总部位于北京的艾瑞咨询(iResearch)电信设备行业分析师钟贺福(Lucky Zhong)表示：“手机厂商收入上升而营业利润率下滑是很自然的”。他补充称，12%“并不太糟”，他指出，中国多数智能手机厂商的利润率为10%或以下。
Sabrina Meng, Huawei’s chief financial officer, predicted the strong sales would continue through the year: “We are confident that Huawei will maintain its current momentum, and round out the full year in a positive financial position backed by sound ongoing operations”.
华为首席财务官孟晚舟(Sabrina Meng)预测，今年年内销售额将继续强劲增长：“我们有信心维持当前的势头，在公司业务持续健康运营的支撑下，在全年结束时实现积极财务状况”。
