Huawei sales growth over 60 pct

The company’s U.S. revenues grew 60 percent to $250 million last year, and revenue growth in 2009 would exceed that, Charlie Chen, Huawei’s senior vice president in charge of US business, told Reuters.

Chen also reiterated the company’s group target of $30 billion in sales for 2009.

Huawei and domestic rival ZTE Corp both nearly doubled their global market share in the second quarter, as China’s telecoms carriers are in the middle of a $58.5 billion spending spree to build new 3G networks.

Source : Konaxis

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