Chinese telecom and networking giant Huawei Technologies has cleared security to manufacture telecom equipment in India, 19 months after the company first applied for a manufacturing license, reports VentureBeat. It is pending final approvals currently but will allow the company to manufacture smartphones and other equipment in India. According to the report, Huawei already has R&D operations in Tamil Nadu. A BBC report stated that Huawei reported a 30% increase ($28.3 billion) in its revenues in the first half of this year, aided by the sale of smartphones and growth in other business areas. According to the report, Huawei is the third biggest smartphone seller in China following Apple and Xiaomi. The company also claims to have sold over 10 million smartphones monthly globally since May, according to this ET report. It shipped 75 million smartphones in 2014. Other smartphone manufacturing…
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