Huawei Sees Strong Growth

Huawei Technologies, a leading telecom solutions provider, said its sales revenues rose 24.2% in 2010 to 185.2 billion Chinese yuan (28.52 billion US dollars). The Shenzhen, China-based company said it "maintained steady growth in 2010 on the back of notable expansion in overseas markets as well as continued development in its three core business divisions – Telecom Networks, Global Services, and Devices. By the end of 2010, Huawei had deployed over 80 singleRAN networks for operators, among which 28 LTE networks were commercially launched or ready to be launched. Huawei also shipped 120 million devices around the world." source: Huawei statement