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ExclusiveHuawei expects 33% profit increase in 2012 financial results

Huawei has announced details of its 2012 financial results ahead of the audited figures due in April.

Global sales revenues for the year are expected to reach 220.2 billion Chinese Yuan (£22.3 billion), up 8% on 2011, while net profit is expected to be up 33% to CNY 15.4 billion.

ExclusiveLast week at The Fonecast: 21st January 2013

Mark Bridge writes:

There’s plenty of snow disrupting the UK – but, thanks to the mobile telecoms industry, thousands upon thousands of people are able to work from home. We’re all feeling pretty pleased with ourselves right now, aren’t we?

Pedestrians may have been skating down pavements but a different kind of trouble on the high street dominated much of last week as music, DVD and occasional mobile phone retailer HMV went into administration.

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