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Wireless

Huawei sees consumer device revenues up 30% in 2013

Monday 24 September 2012 | 15:08 CET | News
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Huawei Technologies expects revenue from its consumer devices unit to grow by about 30 percent next year from the USD 9 billion forecast for this year. Huawei also plans to launch smartphones using Microsoft's Windows 8 operating system later this year or early next year, Wan Biao, CEO of Huawei Device, said in an interview with Reuters. He warned however that high investment in the next 1-2 years to grow the business will impact profitability. In 2013, the consumer device division's revenues are expected to increase by 30 percent, led by "at least" 40 percent growth in smartphones, the CEO

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Categories: Mobile & Wireless
Companies: Huawei China
Countries: World
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