Huawei expects its revenues to have risen by 8 percent to CNY
220.2 billion and its net profit by 33 percent to CNY 15.4 billion in 2012,
announced group CFO Cathy Meng. Around 70 percent of revenue was generated from
leading telecom operators, including 45 of the world’s top 50.
The carrier network business had CNY 160.3 billion of sales,
the consumer business CNY 48.4 billion with continued growth in Europe and
Japan, and the enterprise business CNY 11.5 billion. International markets
accounted for 66 percent of group revenue last year.
The company invested CNY 29.9 billion in R&D last year, or
over 13 percent of revenue. The 2012 results audited by KPMG will be outlined
in Huawei’s annual report in April. Huawei projects that it will increase its
revenue by 10-12 percent in 2013.
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.
We have been keeping professionals in the telecoms industry up-to-date since 2000. Telecompaper is a well respected, independent research and publishing company focussed on the telecommunications industry.
3995 AA Houten
Phone: +31 30 6349600
Fax: +31 30 6349699
© 2000 - 2014 Telecom.paper BV. All rights reserved.
Telecompaper is a trademark of Telecom.paper BV. No part of this site can be reproduced without
the expressed permission of Telecom.paper BV. Our General Terms and Conditions can be found here.
Terms and Conditions