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  1. Huawei to sell mobile devices stake

    Posted May 09th 2008, 12:00am by Staff Reporter

    ... Frederick Yeung Huawei Technologies, one of the mainland's leading telecommunications equipment vendors, plans to sell a stake in its mobile devices business to foreign investors ... to sell a multibillion-dollar stake in the business. A telecommunications analyst yesterday said Huawei needed foreign help or US-based investors to break into the US market, because company ...

  2. Hopes high as Huawei executive heads TD-Tech

    Posted May 02nd 2008, 12:00am by Staff Reporter

    ... Frederick Yeung TD-Tech, a mainland joint venture established by Nokia Siemens Networks and Huawei Technologies to develop 3G mobile technology, has appointed a Huawei executive as its head, signalling that the company will take a more active role in the nascent market. The venture, 51 per cent owned by Nokia Siemens, yesterday named Hou Jinlong, a vice-president of Huawei ...

  3. Huawei halts sale of handset business stake

    Posted Oct 09th 2008, 12:00am by Staff Reporter

    ... Frederick Yeung Huawei Technologies, a mainland telecommunications equipment vendor, has put on hold the US$4 billion sale of a stake in its handset business because of volatile market ... the current global market conditions and prevailing economic uncertainty the interests of the company are best served by postponing the sale process,' Huawei said. The company said it would ...

  4. Huawei sales leap 48pc on low-price strategy

    Posted Jul 11th 2008, 12:00am by Staff Reporter

    ... Frederick Yeung Huawei Technologies, the biggest Chinese telecommunications equipment supplier, said profit rose 31.5 per cent as sales jumped 47.7 per cent last year, overtaking Nortel Networks Corp to become the world's fifth-biggest industry player by revenue. Huawei, a Shenzhen-based privately held company, said profit grew to US$673.54 million from US$512.19 million ...

  5. Huawei dangles recruitment reward

    Posted May 08th 2008, 12:00am by Staff Reporter

    ... Frederick Yeung Huawei Technologies, a leading domestic telecommunications equipment supplier, has mobilised staff to recruit employees by dangling a 500 yuan (HK$559) bonus reward for each successful referral, a mainland financial newspaper reported. Industry watchers said Huawei's move signalled that the mainland labour market lacked talent to fill middle ...

  6. Huawei aims to double phone sales to challenge ZTE's top spot

    Posted May 03rd 2008, 12:00am by Staff Reporter

    ... Frederick Yeung Huawei Technologies, one of the mainland's leading telecommunications equipment vendors, plans to double its mobile-telephone sales this year to challenge ZTE Corp ... to industry sources. Huawei hopes to overtake ZTE as the world's sixth-largest mobile-telephone maker this year. ZTE sold 31 million terminals (handsets and data cards) last year and plans ...

  7. Huawei doubles mobile gear contracts

    Posted Aug 08th 2008, 12:00am by Staff Reporter

    ... Frederick Yeung Demand in emerging markets drives growth Huawei Technologies, the biggest mainland telecommunications equipment vendor, yesterday said contracts and shipments for 2G and 3G ... standard in the first half, and signed 25 contracts, giving it the No1 spot in terms of new contracts. Huawei won 45 per cent of all new contracts for 3G mobile network infrastructure last year. ...

  8. AT&T, Blackstone eye Huawei unit

    Posted May 19th 2008, 12:00am by Staff Reporter

    ... Tim LeeMaster Handset business stake worth at least US$2b also draws interest from Verizon, Vodafone Huawei Technologies, the largest mainland manufacturer of telecommunications equipment, ... said. Formal bids are due next week. A spokesman and executives at Shenzhen-based Huawei could not be reached for comment. The move comes after Huawei along with private equity partner Bain ...

  9. Data centre creating savings for Huawei

    Posted May 20th 2008, 12:00am by Staff Reporter

    ... Jeff Pao A low-cost and high-speed data centre that can support various production procedures- from labour training to mass production- may be a key to success for Huawei Technologies. Shenzhen-based Huawei Technologies, the country's largest wireless equipment maker, set up Avansys, a telecom and data power conversions provider, in 1992 to manage its data centre energy ...

  10. 3Com challenges Bain reasons for ending merger with Huawei

    Posted Mar 22nd 2008, 12:00am by Staff Reporter

    ... Bien Perez Huawei Technologies, the mainland's largest telecommunications equipment maker, had its planned acquisition of 3Com Corp scuttled after partner Bain Capital abandoned ... Nasdaq-listed 3Com and taking it private. The cash transaction also included Huawei, which would buy a 21.5 per cent minority stake in 3Com and become its strategic commercial partner. Despite ...




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