Huawei's Asia Pacific Contract Sales Reached US$2.5 Billion in 2007

Huawei says that its contract sales for Asia Pacific (excluding China) rose to US$2.5 billion in 2007, up from US$2 billion from the previous year. The company expects Asia Pacific contract sales (excluding China) to reach US$3.9 billion in 2008 as more telecom operators across Asia Pacific step up network transformation and mobile network expansion from 2G to 3G and HSPA.

The company says that growing acceptance from Asia Pacific established telecom operators towards Huawei as a reliable and reputable telecom solution provider has played a key role in boosting contract sales.

"Despite fierce competition in the telecom equipment market, Huawei is expected to make greater inroads into the Asia Pacific telecom markets this year, especially among the more established and leading telecom operators in the region," said Mr Victor Wang, Huawei Asia Pacific President. "Our product solutions, customer service and delivery capabilities are continuing to gain recognition and praise throughout the region.Ã'Ã'

Duncan Clark, chairman of BDA, a leading technology consulting firm in Asia commented that; "With its emphasis on customized solutions and highly-responsive customer support, Huawei has been winning converts from carriers across the Asia-Pacific region, in developed and fast-growing markets alike. Combined with the company's sustained high-levels of investment in R&D, this strategy appears to be a winning formula which should serve the company well as carriers upgrade their fixed and mobile networks to keep up with the explosion of traffic volumes driven by video sharing, mobile Internet access and other emerging consumer applications."

Posted to the site on 17th June 2008