Huawei Expects 10 Percent Rise in Full Year Revenues
Published on: 2nd Jan 2014
By: Ian Mansfield
Huawei's full year revenues are likely to be 10 percent higher than the previous year a senior company executive has said.
Eric Xu, Huawei's vice chairman and acting CEO said that revnues for 2013 are likely to reach US$38.5 billion.
The mobile phone division is expected to see revenues of US$9 billion with smartphone shipments topping 50 million, he added.
Huawei also saw its tablet shipments double in 2013, while its shipments of OTT and LTE devices also posted significant growth, Xu revealed.