Huawei first half revenue up 5% to CNY 102.7 billion

Telecom Lead India: Huawei has reported sales revenue of
CNY102.7 billion for the first half of 2012, up 5.1 percent over the first half
of 2011.

 

Huawei posted operating profit of CNY8.79 billion with
the operating margin at 8.6 percent, a decrease of 22.0 percent from 2011 H1.


Huawei said it maintained growth despite global economic
situation.

 

Telecom equipment market remains a significant challenge,
Huawei said in a statement.

 

Huawei is relatively optimistic about its operating
performance and profitability for the remainder of 2012.

 

“In 2012, Huawei outlined our new pipe strategy and
we will focus even further on this approach moving forward to ensure more
effective growth and greater efficiency to drive continued improvements in
operating performance,” said Meng Wanzhou, chief financial officer of
Huawei.

 

In the first half of 2012, Huawei’s Carrier Network
business group consolidated its position by launching the GigaSite solution.

 

It also unveiled AtomCell, the most integrated solution
for small cells in the industry.

 

Huawei also deployed 38 of the 80 commercial LTE networks
launched worldwide and our LTE services now support 200 million people.

 

Huawei maintained its leadership position in the optical
access, optical transport and packet microwave markets.

 

Huawei launched the first comprehensive telecom cloud
solution for carriers, and helped build the China Mobile Data Center, the
world’s largest carrier data center.

 

In the enterprise sector, Huawei restructured Huawei
Symantec’s business and enriched its ICT solution portfolios for enterprises.

 

Huawei launched the CloudEngine 12800. Huawei has more
than 2,000 channel partners worldwide, including over 200 tier-1 channel partners
such as distributors and value-added partners.

 

In the consumer field, Huawei launched smartphone models
like Ascend P1 and Ascend D1 becoming bestsellers in China, West Europe, Japan,
Australia, Canada, among other markets. Huawei now holds 12.16 percent market
share for smartphones in China, ranking second according to Analysys
International.

 

Huawei also stepped-up its move towards greater openness
and transparency and will continue to focus on improving the business ecosystem
to enhance its globalization and localization capabilities.

 

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