{"id":45762,"date":"2013-09-11T17:11:16","date_gmt":"2013-09-11T15:11:16","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=45762"},"modified":"2013-09-11T17:13:27","modified_gmt":"2013-09-11T15:13:27","slug":"huawei-sees-double-digit-growth","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/mobile\/45762\/huawei-sees-double-digit-growth\/","title":{"rendered":"Huawei sees double digit growth"},"content":{"rendered":"

Chinese telecom equipment firm Huawei said on Wednesday (11 September) it expected to grow its revenues by 10% annually over the next five years from the $35 billion it achieved in 2012.<\/p>\n

“This growth will come mainly from consumer devices and enterprise,” Huawei’s Vice President of Western Europe sales, Gaston Khoury said at a media presentation in Stockholm.<\/p>\n

Huawei, whose arch rival in mobile networks is Sweden’s Ericsson, said this diversification would mean the share of carrier networks in its overall sales would fall from around 73% of the total in 2012 to around 60% in 2017.<\/p>\n

The company said in July it had revenues of 113.8 billion yuan ($18.59 billion)in the first half of the year and that it was on track to increase revenues by 10 percent in the full year 2013.<\/p>\n

More on\u00a0Huawei<\/h3>\n

Huawei appoints new CEO for South Africa<\/strong><\/a><\/p>\n

\n

Huawei CEO successor not a family choice<\/a><\/strong><\/p>\n

Huawei, ZTE in trouble in the EU<\/a><\/strong><\/p>\n

Huawei CEO denies linkes to cyber-security issues<\/a><\/strong><\/p>\n

Huawei CEO successor not a family choice<\/a><\/strong><\/p>\n

<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Huawei said on Wednesday it expected to grow its revenues by 10% annually over the next five years from the $35 billion it achieved in 2012.<\/p>\n","protected":false},"author":7,"featured_media":10620,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[25,1069,1635],"class_list":["post-45762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobile","tag-active","tag-ericsson","tag-huawei"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/45762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=45762"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/45762\/revisions"}],"predecessor-version":[{"id":45763,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/45762\/revisions\/45763"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/10620"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=45762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=45762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=45762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}