TMCNet:  Huawei 2012 Net Grows 10% YoY

[January 04, 2013]

Huawei 2012 Net Grows 10% YoY

Jan 04, 2013 (SinoCast Daily Business Beat via COMTEX) -- Guo Ping, rotating CEO of Huawei Technologies Co., Ltd, released an article today, which indicated that the company gained sales revenue of more than USD 35 billion and net profit of about USD 2.4 billion in 2012, up more than 10% year on year.

According to the article, Huawei has deployed more than 130 LTE commercial networks and more than 70 EPC commercial networks globally, ranking No. 1 in the world.

Huawei will strive to help reduce procurement costs, improve competitiveness and profitability for customers in 2013, according to the CEO.

Source: (January 04, 2013)

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