4G network investment pays off for Huawei
Print Edition
HUAWEI Technologies Co said it will achieve sustainable growth this year after posting a 19 percent revenue growth in the first half.
The world’s No. 2 telecom equipment maker’s revenue was 135.8 billion yuan (US$21.9 billion) in the first six months of this year, with an operating profit margin of 18.3 percent.
“Driven by increasing investment in (4G) LTE networks worldwide, Huawei has further solidified its leadership position in mobile broadband,” Huawei’s CFO Cathy Meng said in a statement yesterday.
“Rapid growth in software and services helped maintain steady growth in our carrier network business,” Meng added.
The smartphone business has also become a new income engine for Huawei, which has launched flagship model P7 in 70 countries and regions, the statement said.
China will become the world’s biggest regional 4G network with more than 700 million 4G users, accounting for 25 percent of the global level, according to Ericsson, the world’s biggest telecommunications equipment maker.
All three Chinese carriers have launched LTE (long-term evolution) network in major cities nationwide, which offer users 4G network for high-speed data services such as mobile film and video conference.
Combined with smartphone business, Shenzhen-based Huawei surpassed arch rival Ericsson for the first time last year after it posted an 8 percent rise in revenue to 239 billion yuan.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
