Huawei Expects 10 Percent Rise in Full Year Revenues

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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 USD38.5 billion.

The mobile phone division is expected to see revenues of USD9 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.

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