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Huawei reports H1 sales up 10.8% to CNY 113.8 bln

2013-07-24 09:46:00| Telecompaper Headlines

(Telecompaper) Huawei reported sales up 10.8 percent year-on-year to CNY 113.8 billion in the first half, driven by steady growth in carrier network equipment, enterprise market expansion and rapid growth in consumer products. The company had reported 5 percent annual revenue growth in the first half of last year. CEO Cathy Meng said Huawei expects to meet its target to increase revenues by 10 percent in the full year and anticipates a 7-8 percent net profit margin. The company did not disclose any profit figures for the first half, although it said it would continue to focus on its pipe strategy, increase investment in core growth areas, and boost efficiency through operational and management reviews and improvements.

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Huawei revenue growth picks up but challenges remain

2013-07-24 02:00:00| Total Telecom industry news

Chinese vendor posts bigger revenue hike in 1H than previous year on infrastructure, business equipment and smartphone sales growth.

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Huawei to open R&D facility in Yokohama, Japan

2013-07-21 14:50:00| Telecompaper Headlines

(Telecompaper) Huawei Technologies Japan will open a new research and development facility in Yokohama, where many of its suppliers and information and communication technology companies are located, the Asahi Shimbu reports. Huawei's Japan unit will move its two R&D facilities currently located in Tokyo into the new facility in Yokohama's Kanagawa Ward.

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U.K. to Probe Huawei; Wikipedia Edit Wars; Microsoft's Surface Slump

2013-07-19 20:34:30| PC Magazine Security Product Guide

From the U.K. to probe into Huawei to the Wikipedia edit wars and HTC's latest smartphone, here's what you missed yesterday.

Tags: edit surface wars wikipedia

 

U.K. to Probe Huawei; Wikipedia Edit Wars; Microsoft's Surface Slump

2013-07-19 18:34:34| PC Magazine Software Product Guide

From the U.K. to probe into Huawei to the Wikipedia edit wars and HTC's latest smartphone, here's what you missed yesterday.

Tags: edit surface wars wikipedia

 

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