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 Dec 2 2008 | 21:40
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China's Huawei sees 2008 Asia contract sales up 56 pct

Updated:2008/6/18 15:03

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China's top telecoms gear maker, Huawei Technologies Co Ltd [HWT.UL], said on Tuesday it expects its contract sales in Asia Pacific, excluding China, to hit $3.9 billion this year as regional operators upgrade their networks.

Shenzhen-based Huawei, which competes with cross-town rival ZTE Corp , said in a statement its contract sales in the region rose to $2.5 billion in 2007, versus $2 billion the previous year.

 

Source:Reuters

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