Featured Articles

LG G Watch R ships in two weeks

LG G Watch R ships in two weeks

The LG G Watch R, the first Android Wear watch with a truly round face, is coming soon and judging by…

More...
LG unveils NUCLUN big.LITTLE SoC

LG unveils NUCLUN big.LITTLE SoC

LG has officially announced its first smartphone SoC, the NUCLUN, formerly known as the Odin.

More...
Microsoft moves 2.4 million Xbox Ones

Microsoft moves 2.4 million Xbox Ones

Microsoft has announced that it move 2.4 million consoles in fiscal year 2015 Q1. The announcement came with the latest financial…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 23 April 2013 09:51

Huawei shrugs off US boycott

Written by Nick Farrell



Sales still rising

Huawei Technologies expects its networking equipment sales targeted at enterprises to rise to $10 billion by 2017, lower than an earlier target.

The figure is not bad considering the company faces being locked out of the US market, thanks to US paranoia about hardware spying. Eric Xu, Huawei executive vice president and one of its CEOs, told an analyst conference in Shenzhen, China if the company can achieve $10 billion sales by 2017, that will be good enough for him.

Huawei executives said last year that the company had set a target for enterprise sales of $15 billion by 2017. Huawei generates revenue mainly from three business groups. Its flagship carrier business sells equipment to telecom operators, while its consumer group sells handsets and tablets to end-users. Last year, the enterprise unit managed sales of $1.9 billion.

Xu also said on Tuesday that the company expects its IT business to generate between $800 million and $1 billion in revenue this year.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments