Monday, March 9, 2009

Huawei on a High

Xu Wenwei, Huawei’s chief marketing officer, told the Financial Times that the company is targeting deals worth 30 billion US dollars this year, having secured contracts worth 23 billion in 2008. Mr Xu estimated Huawei generated sales of 17.7 billion US dollars last year, which would represent a 41 per cent increase on 2007. source: Financial Times

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