Monday, 28 May 2018

Huawei sees 15% growth in revenues to $92.08 billion

By Chris Kelly, Total Telecom
Tuesday 02 January 18

The figures represent a slowdown in growth for Huawei, as competition in the Chinese market intensifies

Huawei expects total revenues for 2017 to reach $92.08 billion (600 billion yuan), a 15% increase from 2016, according to the company's rotating CEO Ken Hu.  In his New Year's message, Hu praised the company's continued expansion, but also challenged the company to accelerate growth.  "Huawei's own success depends on two critical factors…

Huawei expects total revenues for 2017 to reach $92.08 billion (600 billion yuan), a 15% increase from 2016, according to the company's rotating CEO Ken Hu.  In his New Year's message, Hu praised the company's continued expansion, but also challenged the company to accelerate growth.  "Huawei's own success depends on two critical factors…

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