China's Huawei says unaudited 2013 operating profit rose over 40%

BEIJING: Huawei Technologies Co Ltd posted an over 40 percent rise in annual operating profit as the Chinese telecom equipment maker expanded its presence in emerging markets, countering reduced revenue growth hit by accusations of cyber-espionage.

Huawei, the world's No.2 telecom equipment maker, has had a turbulent year in which it was shut out of multi-billion dollar network opportunities in the United States and Australia and drew the scrutiny of British authorities over cyber security issues.