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Huawei returns to profit growth in 2012
2013-01-05 14:41:00| Telecompaper Headlines
(Telecompaper) Huawei announced a return to growth in profits for 2012, after a sharp fall in 2011. The Chinese equipment maker recorded over 10 percent growth in revenues and profits in 2012, according to a New year's message from acting CEO Guo Ping. Revenues are expected to exceed USD 35 billion, and net profit will be about USD 2.4 billion. The CEO said the company further consolidated its share of the carrier network equipment market, with over 130 LTE and more than 70 EPC networks deployed worldwide. In addition, its smartphone business has expanded in high-end markets such as Japan, the US, and Europe. In 2013, the company aims to expand its leading positions in mobile broadband, fixed broadband and backbone network equipment. The CEO noted that the rapid growth of the past will be replaced by a stronger focus on cost control and efficient delivery to customers. Internal management will also be simplified, with more responsibility handed to field offices.
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huawei
China's Huawei expects profit jump after reporting drop in 2011
2013-01-04 15:35:31| MobileTechNews
Huawei reports 2012 net profit expected to be around $2.4 billion, an increase of 29 percent from 2011.
Tags: jump
drop
reporting
profit
Huawei reversed profit decline in 2012
2013-01-04 01:00:00| Total Telecom industry news
Chinese vendor's CEO says revenues, sales both grew by more than 10% last year; outlines strategic plan for 2013.
Tags: profit
decline
reversed
huawei
Huawei Ascend P1 lands in U.S. for $450 at Amazon
2013-01-03 16:52:30| CNET News.com
The device comes with a super AMOLED 4.3-inch screen and, at 7.69 mm thick, is one of the thinnest smartphones currently available. [Read more]
Tags: amazon
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ascend
Huawei And Rostelecom Deploy The First iODN In Russia
2013-01-03 05:48:53| fiberopticsonline News Articles
Huawei, a leading global information and communications technology (ICT) solutions provider, recently announced it has completed deployment of an intelligent optical distribution network (iODN) for Rostelecom in Perm Krai, Russia. This is the first iODN in Russia, providing superior service experiences to broadband subscribers
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