Telecoms equipment
maker Huawei said it expects its overall revenue to grow between 10%
and 12% in 2013. In 2012, global sales revenues rose 8% to 220.2 billion
Chinese yuan (35.38 billion US dollars). Huawei added that it
invested 29.9 billion yuan in R& D in 2012, accounting for more
than 13% of the year's revenue.
Huawei said its Carrier
Network business group generated revenues of 160.3 billion yuan in 2012, while
its Consumer business group recorded robust sales revenue of 48.4 billion yuan,
"with sales continuing to grow in developed markets including Europe and
Japan." Huawei's Enterprise business group generated revenue of 11.5
billion yuan. source: Huawei statement
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