Huawei expects 2012 revenues to exceed $35 billion, up over 10 percent
HONG KONG (Reuters) – China’s Huawei Technologies Co Ltd, the world’s No. 2 telecom equipment maker, expects its 2012 revenues to exceed $35 billion, up 10 percent from a year earlier, its acting CEO Guo Ping said. "Huawei’s sales revenue for 2012 is expected to exceed $35 billion, with a net profit of about $2. 4 billion, more than 10 percent increase year-on-year for both," Guo said in a 2013 New Year message to employees seen by Reuters. (Reporting by Lee Chyen Yee; Editing by Ryan Woo)
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