Huawei Technologies Co (華為), China’s largest maker of telephone equipment, said revenue exceeded US$32 billion last year, narrowing its gap behind Ericsson AB.
Revenue grew about 11 percent last year, William Xu (徐文偉), a Huawei board member and president in charge of its enterprise division, said in an interview at the Mobile World Congress in Barcelona, Spain, citing preliminary figures. The Shenzhen-based company also met its profit targets, helped by sales of mobile devices and growth at the enterprise business, he said.
Huawei’s revenue was about 50 percent more than France’s Alcatel Lucent, which sells fewer products than Huawei. Stockholm-based Ericsson, the biggest maker of wireless network equipment, reported sales last year of 227 billion kronor (US$34.5 billion).
Chief executive officer Ren Zhengfei (任正非) is adding cloud computing and business computing services as well as sales of smartphones and tablets as Huawei works on a goal of generating US$100 billion in sales.
“The networks are converging, from the terminal to the infrastructure, supported by cloud computing and applications,” Xu said in the interview on Tuesday.
“Huawei in the future could be one of the leading companies” in the field of information and telecommunications systems, he said.
Growth at Huawei Enterprise may be slower than originally anticipated, Xu said, adding that US$15 billion in contract revenue by 2015 is a more realistic target.
Leon He, another Huawei executive, in May last year gave a sales projection of US$15 billion to US$20 billion for the division.
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