Huawei wants to double business services revenues within 2 yrs

Friday 8 September 2017 | 14:36 CET | News
Huawei wants to double its business services revenues over the next two years, Yan Lida, president of Enterprise Business Group, said during Huawei Connect. "Over the last thirty years, ICT has been a cost item," he said. "Now it has become part of the entire production process, which is why it is not just the responsibility of the CIO." Huawei expects revenues to grow sharply in the coming years. The company reported full year 2016 revenues at CNY 521.6 billion, (+32%) with the net profit at CNY 37.1 billion (+0.4%). Revenues from business services amounted to USD 6.1 billion.

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Categories: IT / Mobile & Wireless / Mobile & Wireless
Companies: Huawei
Countries: World
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