Huawei Technologies

Huawei Net Profit increases by 32.7% in 2014

Huawei Net Profit increases by 32.7% in 2014

Huawei Technologies Ltd., one of the world's biggest makers of telecommunications equipment, said on Tuesday that its profit for 2014 grew 32.7%.

The Chinese multinational also reported a net profit of $4.5 billion. Revenue of the company rose 20.6% to $ 46.5 billion last year.

The Shenzhen-based company its sales are expected to grow by 10% for the next three to five years, as it continues to expand internationally.

In total its China sales grew 31.5% to 108.9 billion yuan, or 37.8% of its revenues. On the other hand its sales in Europe Middle east and Africa increased 35% to 101 billion yuan.

Chief Executive Ren Zhengfei in January at the World Economic Forum in Davos said that the company is looking forward to Europe for future growth.

Huawei smartphone sales saw steep surge in 2014

Huawei smartphone sales surgeWashington, Jan 01 : China's leading smartphone manufacturers Huawei has reportedly seen a surge in its revenues to 11.8 billion dollars, while exceeding 75 million units shipments in 2014.

According to reports, the leading smartphone makers' revenue rose by nearly one-third to 11.8 billion dollars.

Richard Yu, head of Huawei's consumer business, said in a memo that smartphone shipments for the company exceeded 75 million units, an increase of 40 percent from the preceding year, both news organizations, CNet reported.

Huawei to focus on Android after company fails to make money on Windows Phone

huawei Washington, Dec 2 : China-based Huawei has claimed that the company did not make any money on the Windows Phone, following which, it is now focused on creating Android mobiles.

According to The Verge, in an interview, Huawei's head of international media affairs, Joe Kelly, said that the company didn't make money from its two handsets running Windows Phone, and that "nobody made any money in Windows Phone."

Huawei produced two models running Microsoft's smartphone OS before it said it was putting its plans for future Windows Phones on hold, the Seattle Times reported.

A few months back, Microsoft made Windows Phone free for device manufacturers. (ANI)

Huawei achieves H1 growth of 19% at $21 bn

Huawei Beijing: Sales revenue of China's telecom major Huawei has reached over USD 21 billion in the first six months of this year, a 19 percent increase compared over the same period last year, the company announced here on Monday.

The Shenzhen based firm, in a statement, said that in the first six months of this year, Huawei generated sales revenue of RMB 135.8 billion (USD 21.85) an increase of 19 percent year-on-year with an operating margin of 18.3 percent.

Videocon Telecom ties up with Huawei for 4G rollout

Videocon-Telecom-HuaweiNew Delhi: Videocon Telecom has tied up with Chinese equipment firm Huawei Technologies for rolling out 4G network in six out of its 7 service areas.

"Videocon Telecom is rolling out LTE-ready Packet Core network from Huawei in 6 telecom circles in India. This network will provide a larger data coverage and reduce the overall capex and opex leading to an improved profitability and lower costs to end users," Videocon Telecom's Director and CEO Arvind Bali said in a statement.

Huawei records 34.4% rise in net profits

Huawei records 34.4% rise in net profitsA leading globaltelecommunications equipment maker, China's Huawei Technologies has said that it has recorded an increase of 34.4 per cent in its net profit to 21 billion yuan or $3.38 billion. The company's operating profit was recorded at the level of 29.1 billion yuan, compared to the company's forecast of 28.6 between billion yuan and 29.4 billion yuan.

More Chinese handset vendors to launch smartwatches in 2014

smartwatchesWashington, Jan 01 : More China-based handset vendors, including ZTE and Huawei, are expected to launch their own brands of wearable smart devices in the first half of 2014 following a huge market demand of these gadget s.

ZTE and Huawei are expected to unveil their own-brand smartwatches at the upcoming CES 2014 trade fair at the earliest, Digitimes reports.

Xiaomi Technology also plans to venture into production of smartwatches, the report added.

Airtel Bangladesh selects Huawei as 3G network partner

Airtel-Huawei-3G-BangladeshNew Delhi, Sep 10 : Airtel Bangladesh Limited Tuesday announced Huawei Technologies Bangladesh Limited as its network partner for the upcoming launch of 3G Services in Bangladesh.

Airtel has been awarded the 3G license with 5 MHz of spectrum in 2100 MHz band in the 3G license auction held on Sep 8, 2013.

Huawei controls UK's pornography filtering system

Huawei controls UK's pornography filtering systemIt is known that the Chinese company Huawei controls a pornography filtering system for the internet, which was recently raised by the British Prime Minister, David Cameron.

Huawei likely to handle Airtel’s 4G launch in Delhi

Huawei likely to handle Airtel’s 4G launch in DelhiIndia's leading telecom service provider, Bharti Airtel is most likely to select China's network equipment maker, Huawei for the roll out of its 4G services in the major telecom circles including Delhi and Mumbai.

Huawei plans to top Apple and Samsung in mobile market

Huawei plans to top Apple and Samsung in mobile marketDiscussing Huawei's future goals with The Telegraph, Wan Biao - CEO of the company's device division - said that the company is hopeful of beating Apple and Samsung, to grab the coveted top position in the smartphone arena in the coming years.

Huawei’s Windows Phone smartphone Ascend W1 coming to O2 UK

Huawei’s Windows Phone smartphone Ascend W1 coming to O2 UKAfter unveiling its Ascend W1 Windows Phone handset at the 2013 Consumer Electronics Show in Las Vegas in January, China-based device manufacturer Huawei said at the Mobile World Congress in Barcelona that the entry-level Windows Phone smartphone will hit the UK markets on March 7; and will be available exclusively from O2.

Microsoft teams up with Huawei of China to sell low-cost Windows handset in Africa

Microsoft teams up with Huawei of China to sell low-cost Windows handset in AfricaOn Monday, software giant Microsoft said that it is partnering with Huawei of China to sell a low-cost Windows-based handset - dubbed the Huawei 4Afrika Windows Phone - in the African markets.

The announcement - which underscores that Microsoft is targeting the rapidly growing smartphone market with its new Windows Phone 8 OS - revealed that the Huawei 4Afrika handset will initially be available in seven African countries; and will priced at $150.

China’s Huawei slams US security risk complaints

Huawei_Sydney, Jan 22 : Chinese tech giant Huawei has criticized US for claiming that the company might be a security risk as trade protectionism that harms consumers.

The comments came as Huawei, which is a maker of network switching gear and smartphones, disclosed details of its 2012 performance in an effort to show transparency and allay security concerns.

According to the Sydney Morning Herald, chief financial officer Cathy Meng expressed frustration about US security complaints.

Huawei has open mind about IPO

Huawei has open mind about IPOChina's largest telecommunications equipment manufacturer, Huawei Technologies has said that it has an open mind about an Initial Public Offering (IPO).

The remarks about confidence over the issue of share to the public were made after the company reported sales that surpassed that of Ericsson AB. Chief Financial Officer Cathy Meng Wanzhou said that the company is not looking to raise funds at the moment and the IPO would depend upon the level of investor interest in the company's shares.

China makes world's biggest, most powerful smartphones

Ascend-MateWashington, Jan 8 : Chinese phone-maker Huawei Technologies havs unveiled two phones, terming them the world's "biggest" and the "most powerful" smartphones.

The Ascend Mate and the Ascend D2 were unveiled at the Consumer Electronics Show in Las Vegas, Xinhua reported.

The company said the phones with bigger, higher-resolution screens were aimed at challenging much bigger rivals, including Samsung and Apple.

Huawei’s partner offered 1.3 mln euros embargoed HP equipment to Iran

Huawei-TechnologiesWashington, Dec 31 : A major Iranian partner of Huawei Technologies offered to sell at least 1.3 million euros worth of embargoed Hewlett-Packard computer equipment to Iran's largest mobile-phone operator in late 2010, it has been revealed.

China's Huawei, the world''s second largest telecommunications equipment maker, said that neither it nor its partner, a private company registered in Hong Kong, ultimately provided the HP products to the telecom, Mobile Telecommunication Co of Iran, known as MCI.

Huawei demands independent inquiry over exclusion in NBN

Huawei demands independent inquiry over exclusion in NBNChinese telecom firm Huawei is demanding an independent inquiry for cyber spying checks on all foreign-made technology that is used in Australian networks after it was excluded from the National Broadband Network project.

Huawei Australia chairman John Lord demanded equal treatment for the company and said that blacklisting one company is not a viable solution in today business model where one equipment might include parts built in several different countries.

Chinese telecoms pose a security threat, concludes US investigation

Chinese telecoms pose a security threat, concludes US investigationA US congressional investigation of a year has concluded that Chinese telecom companies including Huawei and ZTE pose a security threat to the country and should be barred from contracts and acquisitions in the country.

Everything Everywhere announces new 4G brand - EE

Everything Everywhere announces new 4G brand - EEIn a move which will apparently put Everything Everywhere in line to be among the first UK operators to carry the next-generation iPhone - iPhone 5 - on the 4G network, the bigwig mobile operator recently announced the forthcoming launch of its new 4G brand for "superfast" mobile service.

According to the announcement by Everything Everywhere, nearly 20 million people will be able to take advantage of "superfast" connection speeds of its new 4G brand - dubbed EE - by Christmas; with its commercial rollout to commence in about one month's time.

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