Business / Corporate Reports

Huawei projects 10% average growth over 5 years

By Shen Jingting (China Daily) Updated: 2013-04-09 09:46

Its business demonstrated robust growth across all three of its business groups: carrier networks, enterprise and consumer.

The carrier network sector remained its biggest earner, achieving 160.1 billion yuan in sales, an increase of 6.7 percent year-on-year.

"But there is little hope for Huawei expanding in the US operator market," Xiang said, largely due to political and security concerns from the US side.

Huawei projects 10% average growth over 5 years

 

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