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China's Huawei plans major push into Japan by 2017

Last Updated: Friday, June 06, 2014, 10:02

Huawei said its goal is revenues of 50 billion yen (USD 487.9 million) from sales of IT equipment to Japanese corporate customers in fiscal 2017, using competitive pricing to win orders from large firms.

Videocon Telecom ties up with Huawei for 4G rollout

Last Updated: Thursday, June 05, 2014, 16:08

Both companies had earlier run into dispute over payments when Videocon Telecom lost its 21 licences along with 101 others after the Supreme Court judgement in February 2012.

China's Huawei aims to raise revenue by 10% in 2014

Last Updated: Monday, March 31, 2014, 10:32

Huawei Technologies Ltd aims to increase revenue by 10 percent in 2014, eyeing total sales of USD 70 billion by 2018, the company said at its 2013 annual results press conference in Shenzhen on Monday.

Huawei reports $4.8 billion profit in 2013

Last Updated: Thursday, January 16, 2014, 17:06

China's top telecom firm Huawei Technologies estimated its operating profit jumped 47 percent in 2013 to about USD 4.8 billion on the back of reduced costs and improving business with consumers and enterprises.

Huawei working to develop 5G technology

Last Updated: Sunday, July 21, 2013, 22:47

As people across the world get used to the fourth generation (4G) mobile technology, Chinese equipment maker Huawei Technologies has said it is working on the fifth generation (5G), which is likely to be available for use by 2020.

Huawei aims to be a $70 billion company by 2017

Last Updated: Friday, July 19, 2013, 22:11

Betting big on the handset and enterprise businesses, Chinese telecom equipment maker Huawei Technologies today said it aims to double revenues to USD 70 billion by 2017.

China makes world's biggest, most powerful smartphones

Last Updated: Wednesday, January 09, 2013, 08:49

The company said the phones with bigger, higher-resolution screens were aimed at challenging much bigger rivals, including Samsung and Apple.

US review finds no evidence of Huawei spying for China

Last Updated: Thursday, October 18, 2012, 22:17

A White House-ordered review of security risks posed by suppliers to US telecommunications companies found no clear evidence that Huawei Technologies Ltd had spied for China.

US move to keep out Chinese firms stuns daily

Last Updated: Tuesday, October 09, 2012, 13:21

The daily pointed out that a draft report by the US House Intelligence Committee accuses two Chinese technology firms - Huawei Technologies and ZTE Corp - of posing a national security threat to the US.

Huawei Technologies to invest $2 bn to expand operation in Britain

Last Updated: Wednesday, September 12, 2012, 13:32

China's telecom equipment giant Huawei Technologies has announced that it planned to invest 1.3 billion British pounds (USD 2 billion) to expand its operation in Britain in the next five years and the move is expected to create up to 700 new jobs.

Huawei bags Nepal Telecom's 4.8 mn GSM lines order

Last Updated: Wednesday, June 27, 2012, 00:05

Chinese telecom giant Huawei Technologies has bagged USD 71.2 million contract from Nepal Telecom for installing 4.8 million GSM lines.

Huawei buys Symantec stake in JV for $530 million

Last Updated: Tuesday, November 15, 2011, 09:46

The deal is expected to close in the first quarter of 2012, Huawei said in a statement on Tuesday.