Financial Times FT.com

Huawei eyes deals worth $30bn

By Andrew Parker in London

Published: March 9 2009 02:00 | Last updated: March 9 2009 02:00

Huawei Technologies, the Chinese telecommunications equipment maker, is confident of increasing its share of fixed-line and mobile infrastructure deals in 2009, even though sector revenue is expected to shrink.

Xu Wenwei, Huawei's chief marketing officer, told the Financial Times that the company was targeting deals worth $30bn this year, having secured contracts worth $23bn in 2008.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this