Tuesday, 24 June 2008

Huawei Sets High 2008 Sales Goals for Asia, Unveils New Product Offerings

Huawei Technologies confidently stated last week that it expects its sales contracts in Asia Pacific (AP) excluding China to reach USD 3.9 billion by the end of this year. The Taiwan based telecommunications network provider...

Huawei Technologies confidently stated last week that it expects its sales contracts in Asia Pacific (AP) excluding China to reach USD 3.9 billion by the end of this year.

The Taiwan based telecommunications network provider expects the target to be attainable seeing the increasingly number of telecom operators in the region step up network transformation and mobile network expansion from 2G to 3G and 3.5G.

Huawei racked in USD 2.5 billion from its contract sales in AP excluding China in 2007, up from USD 2 billion the previous year.

Key contract wins came from India, Singapore and Australia.

“Despite fierce competition in the telecom equipment market, Huawei is expected to make greater inroads into the Asia Pacific telecom markets this year, especially among the more established and leading telecom operators in the region,” said Mr Victor Wang, Huawei Asia Pacific President.

At CommunicAsia 2008 last week, Asia’s largest annual ICT event, Huawei unveiled a host of devices including the HSPA USB stick E180 and three 3G mobile phones, the U7310, U1310 and U3300 targeted at the young, fashion conscious prosumers.

Huawei also launched the HSDPA gateway B932 that fully supports the 900/2100Mhz spectrum in the 3G (HSDPA and UMTS) modes, and the full spectrum in the 2G-2.5G mode (EDGE, GPRS and GSM).