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Huawei expects 2012 revenues to exceed $35 billion, up over 10 percent

US-HUAWEI:Huawei expects 2012 revenues to exceed $35 billion, up over 10 percent

HONG KONG (Reuters) - China's Huawei Technologies Co Ltd, the world's No.2 telecom equipment maker, expects its 2012 revenues to exceed $35 billion, up 10 percent from a year earlier, its acting CEO Guo Ping said.

"Huawei's sales revenue for 2012 is expected to exceed $35 billion, with a net profit of about $2.4 billion, more than 10 percent increase year-on-year for both," Guo said in a 2013 New Year message to employees seen by Reuters.


(Reporting by Lee Chyen Yee; Editing by Ryan Woo)


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