Huawei Logs $11 Billion in Sales in 2006

In the first half of 2006, Huawei recorded contract sales of USD 5.2 billion, an increase of 29 per cent compared to the same period last year. The value of contract sales from international markets reached USD 3.4 billion, an increase of 36 per cent over the same period in 2005. The international market represented 65 per cent of total contract sales generated in the first half of this year.
Huawei sees its future in IMS and FMC and they believe their growth rate will continue. The company is proud to say they have been granted over 2,500 to date. Next year I expect the company to become more aggressive in the US and I am actually surprised they haven’t been more aggressive in this market to date.

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