Huawei has no plans for listing
Updated: 2013-04-24 09:17
By Shen Jingting in Shenzhen (China Daily)
|
|||||||||||
"We are not particularly interested in the US market," Xu said. He did not provide more details. Huawei previously denied it posed any threat to the US.
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. The enterprise unit, which had the highest growth rate, conducts business with corporations.
The three business groups are closely tied, Xu said. In the smartphone business, for example, all consumers can create and consume information through the devices, which will translate into higher data traffic flow over operators' networks. It drives carriers to continually expand capacity. "Therefore, it serves the fundamental interests of our carrier business," he said.
Xu added that he expects Huawei's networking equipment sales targeted at enterprises to rise to $10 billion by 2017.
More reports about Huawei
Huawei projects 10% average growth over 5 years
Huawei presents new mobile products at Barcelona congress
Huawei acquired highest number of patent rights in 2012
US launches new probe on Huawei, ZTE
Huawei becomes world's 3rd-largest smartphone vendor
Related Stories
Huawei presents new mobile products at Barcelona congress 2013-02-27 00:34
Huawei projects 10% average growth over 5 years 2013-04-09 09:46
Huawei acquired highest number of patent rights in 2012 2013-02-22 21:44
Huawei, ZTE hold most patents in 2012 2013-02-22 10:26
US launches new probe on Huawei, ZTE 2013-02-02 02:32
Today's Top News
Factories to face headwinds from enlarged TPP
Investors find a home in overseas real estate
More Chinese travel overseas, study reveals
Student in UK jailed for attempting bribe
Premier Li in plea to
quake rescuers
Xi meets former US heavyweights
China still top spot for Japanese companies
Nation sets sights on bigger carrier
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
|
|
|
|
|
|











