Chinese telecom equipment and smartphone maker Huawei shipped more than 75 million smartphones in 2014, according to a year-end letter by the company’s Consumer Business Group (source in Chinese). This is a greater than 40% increase from last year, with 34.27 million sets sold during the first half of this year. Huawei attributes the growth to breakthroughs in mid- and high-tier smartphone markets, led by flagship products such as the Mate 7. The letter added that it is the first time the group has exceeded the 10 billion revenue threshold. Another internal email released by Huawei CEO Hu Houkun disclosed that total sales are expected to surge 15% year-on-year to US$46 billion this year (source in Chinese).