InterDigital Inc (IDCC)

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Huawei seeks to move up smartphone food chain with new Ascend P7



The mobile - billed as the world's slimmest phone at 6.5 mm thick - will go on sale in 31 markets, including Britain, Germany and China, starting this month for 449 euros ($630) without a SIM card or service contract. It will not be sold in the United States.
Huawei, best known as a maker of telecom network gear where it competes with Sweden's Ericsson, has become the world's third-biggest smartphone manufacturer behind Samsung and Apple only three years after launching its own branded mobiles and tablets.
Its consumer device business, which accounted for about 23 percent of sales last year, grew nearly three times faster than its telecom equipment business last year.
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http://www.newsrt.co.uk/news/huawei-seeks-to-move-up-smartphone-food-chain-with-new-ascend-p7-2404333.html