Enterprise Sales Lift Huawei

Huawei reported a 16% year-on-year increase in revenue for 2017 to 603.6 billion Chinese yuan (92.5 billion US dollars based on year-end exchange rates). The growth was driven primarily by a 35% increase in Huawei's enterprise revenues to 54.9 billion yuan.  In 2017, Huawei spent 89.7 billion yuan on R&D, up 17% compared with 2016. source: Huawei statement

Huawei Rides High on 4G Network and Smartphone Sales

Leading telecoms equipment maker Huawei said its revenue rose 37% in 2015 to 395 billion Chinese yuan (60.8 billion US dollars).

The company said its Carrier business group generated 232.3 billion yuan (35.8 billion dollars), up 21%, fuelled by widespread rollout of 4G networks. The Enterprise business group reported 27.6 billion yuan in annual revenue, an increase of 44% driven by "rapid growth in the public safety, finance, transportation, and energy sectors."

Finally, the Consumer business group reported revenue of 129.1 billion yuan (19.9 billion dollars), up 73%. Huawei said: "This increase was a direct result of increased demand for high-quality products that deliver a premium user experience, as well as Huawei's growing influence as a consumer brand."

In 2015, Huawei invested 15% of its annual revenue – 59.6 billion yuan (9.2 billion dollars) – in research and development. source: Huawei statement

Huawei Expects Faster Growth in 2013

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

Cisco Overcomes Economic Challenges

Cisco said that its net sales increased 27% year-on-year to 10.4 billion US dollars in the quarter ending May 1. "We witnessed a return to strong balanced growth across geographies, products and customer segments that we haven't seen since before the global economic challenges began," said John Chambers, chairman and CEO of Cisco.

However, Cisco also noted that the quarter ending May 1 had 14 weeks compared with 13 weeks in the equivalent quarter of 2009, which "probably" contributed 4 to 5 percentage points of the 27% year-over-year growth.

Cisco forecast that its revenue in the quarter ending September 1 will grow between 25% and 28% year-on-year to between 10.68 billion and 10.93 billion dollars, boosted by the acquisition of Tandberg, which Cisco expects to contribute around $200 million in revenue. sources: Cisco statement and Cisco transcript

China Pulls Down Alactel Lucent

Hit by a significant slowdown in China and tight component availability, Alcatel-Lucent said that its sales fell 8% year-on-year to 3.25 billion euros, adjusted for exchange rate fluctuations, in the first quarter of 2010. The Paris-based equipment maker's optics and wireline revenues were worst hit, falling 14% and 24% respectively at constant currencies. source: Alcatel-Lucent presentation

ZTE's Sales Soar

Boosted by the rollout of 3G networks in China, ZTE said that its revenues rose 40% year-on-year in the first half of 2009 to 27.7 billion Chinese yuan (4.05 billion US dollars). The Group reported operating revenue of 14.95 billion yuan in China, representing year-on-year growth of 112%, while international sales climbed less than 1% to 12.76 billion yuan. source: ZTE statement

Alcatel-Lucent Sees Double-Digit Decline

Alcatel-Lucent said at the end of July that its revenues in the second quarter of 2009 fell almost 11% year-on-year at constant currency exchange rates to 3.9 billion euros.

Ben Verwaayen, CEO, commented: “Looking forward, market conditions remain difficult and operators continue to be selective about their investments. We reiterate our view that our addressable market should be down between 8% and 12% at constant currency in 2009." source: Alcatel-Lucent statement

Sales Slump at Motorola

Motorola said at the end of last month that it generated sales of 5.5 billion US dollars in the quarter ending July 4, 2009 - a decline of 32% compared with the quarter ending June 28, 2008. Mobile device sales were down 45% to 1.8 billion dollars, while revenues in its Home and Networks Mobility unit fell 27% to 2 billion dollars. source: Motorola statement

Turning Point for Cisco?

Cisco said last week that its sales in the quarter ending July 25 fell 18% year-on-year to 8.5 billion US dollars, but John Chambers, the telecom equipment maker's CEO, said that there were a number of positive signs in the economy and that the quarter may prove to have been a turning point for Cisco's business. source: Cisco statement

Broadcom Sees Stability

Telecoms chip maker Broadcom expects to generate revenues of between 1.12 and 1.19 billion US dollars in the third quarter of 2009, down approximately 11% on the 1.3 billion it generated in the same period of 2008.

Net revenue for the second quarter of 2009 was 1.04 billion US dollars, down 13% year-on-year as the company reported a return to a "more stable ordering pattern." source: Broadcom statement

Ericsson Succumbs to Sales Slowdown

On a like-for-like basis, Ericsson's sales fell 3% year-on-year in the second quarter to 52.1 billion Swedish krona (6.97 billion US dollars) as the macro-environment took its toll on network equipment sales. Ericsson said that services now represent 38% of its sales.

Ericsson said mobile subscriptions worldwide grew by 149 million in the second quarter to a total of 4.3 billion, adding that the number of new WCDMA subscriptions is accelerating and grew by 40 million in the quarter to a total of 377 million. In the first quarter of 2009, fixed broadband connections grew by 13 million to 408 million, according to Ericsson. source: Ericsson statement

Qualcomm Raises Guidance

Wireless chip maker Qualcomm said that it now expects its revenue for the fiscal year ending September 28 to be between 10.25 and 10.45 billion US dollars down between 6% and 8% on the previous year. In the quarter ending June 28, Qualcomm's revenues were down less than 1% year-on-year at 2.75 billion US dollars thanks to a "robust" migration to 3G products and services worldwide despite the economic downturn. source: Qualcomm statement

High Handset Sales Lift LG

LG Electronics' mobile communications division reported a 26% year-on-year rise in revenues to 5.14 trillion Korean won (4.11 billion US dollars) for the second quarter of 2009. Boosted by strong demand for touch-screen and QWERTY keypad models, handset sales accounted for 4.88 trillion won, up 30% on the previous year as handsets shipments climbed 8% to almost 30 million.

Anticipating the global economic downturn will continue, LG sees the global handset market declining more than 6% year-on-year to around 280 million units in the third quarter, but LG expects to see steady growth thanks to the roll out of new models. source: LG statement

Apple Ships 5 Million More iPhones

Apple said it sold 5.2 million iPhones in the quarter ended June 27, 2009, representing 626% unit growth over the year-ago quarter and 37% unit growth on the previous quarter. Apple also said users have downloaded more than 1.5 billion applications from its App Store in its first year. source: Apple statement

TI Wireless Sales Down By A Third

Chip maker Texas Instruments said revenue in its wireless division fell 33% year-on-year to 601 million US dollars in the second quarter of 2009 as sales of baseband chips and its OMAP application processors declined. In the first quarter, the division's sales were down 40%. source: TI statement

Nokia Lowers Outlook for Market Share

With its mobile device shipments down 15%, Nokia said that its revenues fell 24% year-on-year in constant currency terms to 9.91 billion euros in the second quarter. The average selling price of Nokia's devices fell to 62 euros in the quarter, down from 65 euros in the previous quarter.

Nokia said it had 38% of the global mobile device market in the second quarter and 41% of the global smartphone market. It now expects its market share in mobile devices to be approximately flat in 2009, compared with 2008, instead of rising. It also now expects Nokia Siemens Networks market share to decline moderately in 2009, compared to 2008, rather than remain constant. source: Nokia statement

Sony Ericsson Sinks 40%

With unit shipments down 43%, handset maker Sony Ericsson said that its revenues fell 40% year-on-year to 1.68 billion euros in the second quarter.

The company maintained its forecast that the global handset market in 2009 will contract by at least 10% from around 1.19 billion units in 2008. Sony Ericsson estimates that its market share was over 5% in the second quarter. source: Sony Ericsson statement

Sales Climb for Intel's Atom

Intel said that revenue from its Atom microprocessors and chipsets, which are designed for netbooks, was 362 million US dollars in the second quarter - up 65% on the previous quarter. source: Intel statement

Samsung Sees 10% Climb in Sales

Samsung Electronics said it expects consolidated sales of between 31 trillion won (24.46 billion US dollars) and 33 trillion won for the second quarter of 2009, compared with 29.1 trillion won in the same period a year earlier. source: Taiwan News

HTC Up 10% In Q2

HTC, a leading maker of Windows and Android-based smartphones, reported a 10% year-on-year rise in revenues to 38.2 billion Taiwanese dollars (1.16 US dollars) for the second quarter of 2009. The company said in late April it expected second-quarter revenues of between 37.5 billion and 38.5 billion Taiwanese dollars. source: Total Telecom/Dow Jones