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Huawei to become market leader

Business | Information industry
2009-8-13

HUAWEI Technologies Inc will surpass Alcatel-Lucent to lead the global optical networking market by the end of next quarter after Chinese firms benefited from huge investment in 3G, a United Kingdom-based research...

Domestic firms acquire 88% share of China Mobile 3G bid

Business | Information industry
2009-7-15

DOMESTIC telecommunications firms, including Huawei Technologies and ZTE Corp, won an 88 percent share of China Mobile's latest 3G network bid, which has a total value of more than 8.6 billion yuan (US$1.26 billion),...

Shenzhen firm world leader in BTS

Business | Information industry
2009-7-8

SHENZHEN-BASED Huawei Technologies surpassed Ericsson Inc to become the world's biggest wireless communications base station vendor by the end of last year, representing global recognition for Chinese telecommunications,...

Strong earnings growth despite crisis

Business | Information industry
2009-4-24

CHINESE telecommunications equipment makers posted strong earnings growth despite the impact of the global financial crisis unlike their overseas rivals. Shenzhen-based Huawei Technologies Co, China's biggest...

Telecom contract

Business | Information industry
2009-3-20

GERMAN computer chip maker Infineon Technologies AG yesterday said it has signed a letter of intent with telecommunication equipment firm Huawei Technologies of China for an order worth US$68 million. Infineon...

Huawei posts firm results for 2008 as 3G contracts bloom

Business | Information industry
2009-2-18

HUAWEI Technologies won the most new 3G-network contracts globally last year and its wireless division, including 2G and 3G equipment and services, generated revenue of US$10 billion last year, the country's biggest...

Dialing up 32 percent

Business | Information industry
2008-7-11

HUAWEI Technologies Co, China's biggest telephone-equipment maker, said its profit rose 32 percent in 2007 on increased orders from clients such as Vodafone Group Plc and China Mobile Ltd. Net income climbed to...

Huawei confirms talks to sell stake

Business | Information industry
2008-6-21

HUAWEI Technologies Inc confirmed yesterday it is in talks to sell a stake of its mobile phone business, which analysts estimated is worth US$4 billion. Huawei Technologies Inc, China's biggest telecom equipment...

Huawei invites buyers for stake sale in cell phone unit

Business | Information industry
2008-6-20

HUAWEI Technologies Co, China's biggest phone-network equipment maker, is considering selling a majority stake in a handset unit that may be worth at least US$4 billion, two people familiar with the plan said. The...

3Com drops buyout application from US regulator

Business | Information industry
2008-2-21

THE US$2.2 billion offer for 3Com Corp made by a private-equity group and Chinese telecommunications company is no longer on the table, according to a person familiar with the matter. "The deal is not going to...