Monday, April 18, 2011

Net profit of Huawei in 2010 grew by 30%

The company Huawei Technologies Co. Ltd., Presented the final financial results for the year 2010. Revenues from sales amounted to 185.2 billion yuan, which is 24.2% more than the previous year. Net profit of Huawei was 23.8 billion yuan (up to 30% higher than the result in 2009). Financial results were independent audit of the international company KPMG.

Huawei said that in 2010 she demonstrated steady growth against the backdrop of a significant increase in the share of foreign markets and the successful development of three key areas: solutions for telecommunication operators, professional telecommunication services and terminal equipment. By the end of 2010, Huawei has built 80 networks SingleRAN, among which 28 LTE-networks were put into commercial use or ready for launch. Also, Huawei has sold 120 million terminals worldwide.

The company in 2010 opened a line of enterprise solutions and intends to pay maximum attention to the development of this unit, which provides corporate customers with network infrastructure of fixed and mobile communications, data centers and cloud computing. "

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