Chinese telecoms company Huawei Technologies has released its full-year 2010 financial results today. Sales revenues were up 24.2% year-on-year to CNY 185.2 billion (around £17.4 billion), with net profit up 30% to CNY 23.8 billion.
It shipped over 120 million units of product in 2010, achieving sales of CNY 30.7 billion.
Article rating: No rating
Motorola Solutions and Huawei Technologies have agreed to settle all pending litigation between the two parties (assuming certain conditions are met).
It means that Huawei is dismissing its lawsuit against Motorola Solutions and Nokia Siemens Networks.
Article rating: No rating
Chinese telecoms firm Huawei says it plans to create 500 new UK jobs during the next three years, doubling its current staffing levels.
The company, which is based in Basingstoke, also says it'll generate over a thousand jobs through subcontracting.
Article rating: No rating
Chinese telecoms company Huawei is offering to provide equipment that would allow mobile phones to work on the London Underground, according to a report in the Sunday Times. Vodafone and O2 are said to have agreed to arrange installation.
In September 2010 The Telegraph reported that all five major UK networks would share installation and maintenance costs.
Article rating: No rating
Chinese telecommunications company Huawei has announced a number of ‘smart devices’ at Mobile World Congress today. There’s a new slim smartphone – the Huawei IDEOS X3 – and a new tablet, along with a data card and a wireless modem.
The Android-powered Huawei IDEOS X3 will launch in the spring. It has a 3.2-inch touchscreen and a 3.2-megapixel camera. It’s expected to run Android 2.3 in most markets.
Article rating: No rating