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Huawei grows sales 8% in 2013

2014-01-15 09:10:00| Telecompaper Headlines

(Telecompaper) Huawei said it expects to report sales for 2013 up around 8 percent to CNY 238-240 billion. This is slightly less than its earlier outlook for over 10 percent growth. Operating profit is forecast at CNY 28.6-29.4 billion, helped by a focus on improving margins through cost reductions and efficiency efforts. Operating cash flow and the balance sheet total were stable compared to 2012, the company said. Huawei said it attracted new business at all three of its activities in 2013 - carrier networks, enterprise and consumer devices. It also invested in innovation, dedicating CNY 33 billion or 14 percent of revenue to R&D. In 2013, Huawei implemented a number of restructuring processes such as a reorganization of its corporate management, new training programs to motivate staff, as well as strengthening responsibilities for frontline management and field teams. The company will release full audited annual results in Q2.

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Huawei sees operating profits jump

2014-01-15 08:16:42| BBC News | Business | UK Edition

Chinese telecom equipment giant Huawei says its operating profit rose by more than 40% last year, helped by sales growth in emerging markets.

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Huawei readies Android game console for China in Q2

2014-01-14 10:46:32| Wireless - Topix.net

China's Huawei Technologies is planning on launching its Android gaming console in its home market during this year's second quarter, just after local authorities lifted a ban on video game sales in the country.

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Huawei launches its new 6.1-inch Ascend Mate2 4G

2014-01-07 13:35:06| MobileTechNews

The Ascend Mate2 4G smartphone from Huawei features a large 6.1 inch display, a 13 megapixel camera, and is powered by a 1.6GHz quad-core processor.

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Hands On With the Huge Huawei Ascend Mate2

2014-01-07 06:33:56| PC Magazine Cell Phones Product Guide

We got some hands-on time with the super-sized Huawei Ascend Mate2 phablet to see if bigger is better and if Huawei is offering more, or just moar.

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