The report, which will be officially unveiled soon, noted that Huawei has been doing well in a number of regions. China’s economy is a key factor keeping Huawei’s growth strong. Huawei works with Chinese telecom operators such as China Mobile, China Telecom, China Unicom, etc.
Earlier, Huawei’s rival ZTE said that its 4G infrastructure orders are supporting the company to grow its profit. ZTE works with key operator such as China Mobile to support its 4G LTE roll outs.
Sales of telecom and datacom equipment and software increased 3 percent to $183 billion in 2013. . Asia Pacific region rose 6 percent compared to North America’s 4.5 percent in the telecom / datacom equipment and software revenue market. The report said this trend is expected to continue through at least 2018.
Infonetics is projecting a cumulative $1.01 will be spent by service providers and enterprises on telecom / datacom gear and software over the 5 years from 2014 to 2018.
Baburajan K
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