Huawei reports strong growth, sees 20% sales uptick in 2010

03/31/2010 | Wall Street Journal, The · Reuters

China's Huawei Technologies issued a bullish revenue outlook for this year after reporting today that its profit doubled last year, saying it expects to benefit from increased 3G network spending at home as well as strong export gains into such areas as North America. The world's second-largest maker of telecom equipment forecast a 20% increase in revenue for 2010 based also on a strong professional-services market and gains in fixed-line broadband.

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Wall Street Journal, The · Reuters

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