Mainland telecoms equipment maker believes strong Asia demand will boost handset business
Huawei Technologies, China's largest telecommunications equipment maker, expects its sales will jump 34 per cent to US$11 billion this year and a further 36 per cent to US$15 billion next year due to growing demand in Asia.
The company said it will sell 20 million handsets this year and expects to increase that by 50 per cent to 30 million units next year.
It also anticipates to sell 1.5 million wireless receiver cards for laptops but would not provide comparative data.
'We benefit from the strong growth in developing countries such as India, Pakistan, Indonesia and Bangladesh,' Huawei executive vice-president Guo Ping said yesterday at the ITU Telecom World 2006 conference.
Huawei, whose customers include Spain's Telefonica, BT Group, Vodafone Group and China Mobile, in June said sales grew 29 per cent to US$5.2 billion in the first half of this year from a year ago.
During the period, its sales in China slipped 10 per cent to US$1.8 billion, accounting for 35 per cent of revenue, while overseas sales jumped 36 per cent to US$3.4 billion, or 65 per cent of the total.
