日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Economy

Markets

Industries

Insights

Reports

Events

Huawei contract sales surge 46% to $23.3 billion

By Wang Xing and Wang Xu (chinadaily.com.cn)
Updated: 2009-01-07 12:14

Chinese telecom equipment maker Huawei Technologies said its contract sales increased 46 percent year-on-year in 2008.

Related readings:  Foreign companies may lose out in nation's 3G launch  Huawei, Global Marine Systems in telecom JV  Cosco signs deal with Greek port  China 3G pace gathers speed

Sun Yafang, chairwoman of Huawei Technologies, said in an email to employees dated Jan 2 that the company's contract sales amounted to $23.3 billion in 2008, with 75 percent coming from overseas markets.

"Last year, we maintained a solid and healthy growth," Sun said in the email. She said Huawei's contract sales are expected to increase 28.8 percent to $30 billion in 2009.

The worldwide economic slowdown has prompted many telecom operators to trim spending growth, resulting in a fall in demand of new equipment from suppliers, including Ericsson and Nokia Siemens Networks.

The more price competitive Chinese telecom equipment makers such as Huawei and ZTE Corp are in a better position than their foreign counterparts to compete in the international marketplace.