Blog Post

Huawei Expects To Grow Share Thanks To 3G Contracts In China

Huawei Technologies, the Chinese telecom equipment maker, told the Financial Times that it plans to grow revenue from fixed and mobile infrastructure contracts to $30 billion this year from $23 billion in 2008. The growth will likely come at the expense of the competition including Ericsson (NSDQ: ERIC), Alcatel-Lucent and Nokia (NYSE: NOK) Siemens Networks. Huawei