According to a report from ABI Research, chinese telecom giant Huawei is growing faster than a speeding bullet, and is able to leap tall buildings in a single bound.
Well, sort of...
The latest study from ABI Research's Asia bureau, "Huawei: On the Road to Becoming a Leading International Equipment Supplier", analyzes the firm's businesses, its culture and its major strategies, as well as providing an overview of the company's principal products, its financial data, business focus and target markets at different stages.
The report goes on to say that Huawei is China's largest domestic telecommunications equipment supplier in terms of revenue. In 2004, the growth of Huawei's contract sales reached a four-year high, with a rate of 41%. Along with the strong growth, the company enjoys high operating and profit margins, which reached 18% and 16% respectively in 2004.
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