Friday, April 24, 2009

Huawei reports results for the 2008 fiscal year: growth in all lines

The company Huawei Technologies has published an annual financial report for 2008., Which reported that total sales under contracts reached 23.3 billion dollars, while revenue amounted to 18.33 billion dollars. These figures increased compared to last year at 46% and 42.7% respectively. In 2008. Huawei return on operating profit increased from 3% to 13%.

The key to the success of its activities in 2008. management of the Company believes adherence innovative business development strategy. This year, Huawei will also focus on the development and supply of modern, efficient communications solutions that meet market requirements. The popularity of innovative products is growing as a developing or developed markets with high demands for broadband solutions. It was expected that total sales under contracts awarded in 2009. reach 30 billion dollars.

A significant increase in business Huawei in 2008. was recorded in the developed markets, characterized by a rapid shift to mobile broadband solutions. Significant growth is also observed in the emerging markets of Asia, Eastern Europe, the Americas and Africa.

No comments:

Post a Comment