Update | China’s Huawei to boost expansion with tech partners like Leica
Telecommunications equipment giant rings up record earnings last year
Huawei Technologies, China’s largest manufacturer of telecommunications equipment, plans to increase collaboration with its technology partners to drive business expansion after posting record earnings last year.
Senior management at Shenzhen-based Huawei said on Friday the company expected to post total revenue of US$75 billion this year, which would mark a new high.
Deputy chairman Guo Ping, who served as acting chief executive at Huawei the past six months, said in a statement the company “owes its long-term growth to the sheer size of the information and communications technology market”, as well as “an open and collaborative approach”.
Data from the privately held company showed that it pursues various projects with major technology allies, including Intel, IBM, Accenture and SAP, across 36 joint innovation centres worldwide.
“We will work closely with our customers and partners to maximise industry development opportunities,” Guo said.
The World Intellectual Property Organisation in Geneva announced last month that Huawei topped the list of international patent filers for the second straight year. Huawei applied for 3,898 patents, 456 more than the previous year and more than those filed by Qualcomm, Samsung Electronics, Sony and Hewlett-Packard.