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Huawei is predicting $4 billion revenue from handsets in 2008, according to the EVP of the company. That’s alongside the fact that the annual growth rate of the handsets business should top 30% in the next five years! Given all the recent negative news surrounding Mobile companies’ finances, this is good (and impressive) news!
Interestingly, Huawei is also optimistic about it’s position within the turbulent global economic situation, stating that the focus of the company has been in the emerging markets – smart move I say, plenty of growth to be had there…
As those of you who read IntoMobile daily will know, I’ve more than once mentioned about Huawei – they don’t just do handsets, oh no – they do network infrastructure, and have been winning significant deals, both at home and in Europe.
Watch this space closely, you are going to see their name more and more!
[Via: ChinaTechNews.com]
About The Author
Ben Robinson
Ben is a 10+ year veteran of the Mobile industry – starting his career when SMS was a still a relatively new concept for most people (!), he has now consulted on everything from bleeding-edge Mobile content, to the next-gen accessories you might view it on. As a result he has a broad and deep knowledge in numerous areas of Mobile – from network operators to device vendors, to infrastructure and middleware vendors (not to mention content delivery) – and has worked for companies in all of these areas! He is based in the UK, a hotbed of activity for mobile, and recently became a father for the second time – as oppose to in his younger years when he was happy spend time tweaking all manner of mobile devices to 'nth' degree, he now looks for services and hardware that provide the most efficient, compact, and reliable improvements to his already manic life! It’s his opinion that Mobile solutions should be there to help to make your life better – if a particular solution (be it service or device) isn’t doing this, he believes you need to ask the very important question of why you continue to use it... His focus at IntoMobile is mainly on Mobile content, services, and infrastructure, particularly as regards the UK market – and with the occasional look at devices. Additionally, using his extensive experience in the industry, he will provide commentary on the industry at large, with regular (and hopefully thought-provoking) articles.
