Light Reading
The inexorable sales rise continues...

Huawei Boosts H1 Revenues by 18%

Ray Le Maistre
7/18/2014
50%
50%

Huawei boosted its revenues for the first half of 2014 by about 18% compared with a year ago, the company's current acting CEO Guo Ping told a conference in Singapore late Thursday.

According to a report by ECNS, he told delegates at the Future China Global Forum that sales hit US$22 billion during the first six months of this year.

The Chinese vendor neither confirmed nor denied the number, but said financial details for the first half of 2014 would be released officially on July 21.

By contrast, global rival Ericsson AB (Nasdaq: ERIC) today revealed that its first-half revenues dipped compared with the same period in 2013. See this financial report for details.

Huawei Technologies Co. Ltd. reported an 8.5% rise in revenues for the full year 2013 to $39.5 billion, noting that much of that growth came from the enterprise and handset divisions, rather than carrier networks. (See Huawei Pumps Up Its Profits to $3.5B.)

It's likely, though, that Huawei's Carrier Networks division will have benefited during the first half of this year from 4G network rollouts, especially in its domestic market. (See China Issues More 4G Licenses and China Issues 4G TDD Licences.)

— Ray Le Maistre, Circle me on Google+ Follow me on TwitterVisit my LinkedIn profile, Editor-in-Chief, Light Reading

(4)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
pjbclarke
50%
50%
pjbclarke,
User Rank: Lightning
7/21/2014 | 9:24:17 AM
Re: What goes up....
Their press release is posted. In the first six months of this year, Huawei generated sales revenue of CNY135.8 billion, an increase of 19% year-on-year with an operating margin of 18.3%. http://pr.huawei.com/en/news/hw-356143-2014h1operatingperformance.htm#.U80Pxtq9KSM
R Clark
50%
50%
R Clark,
User Rank: Blogger
7/20/2014 | 8:21:23 PM
Re: What goes up....
Apart from a nice bump from 4G sales in China, the growth would be mostly from handsets with an assist from enterprise. It's really swinging for the fences in the handset business.  

 
danielcawrey
50%
50%
danielcawrey,
User Rank: Light Sabre
7/20/2014 | 5:10:57 PM
Re: What goes up....
It's entirely possible Huawei will sacrifice margin in order to compete in certain markets. 

Let's not forget that the American market is not available to them, so in order to compete with American companies like Cisco there is a likelihood they would compete on comparable products/services for less overall margin. 

Just a thought. 
Ray@LR
50%
50%
Ray@LR,
User Rank: Blogger
7/18/2014 | 7:12:47 AM
What goes up....
So there will need to be a point at which Huawei's sales start declining, but....

Of course the key consideration here, and maybe we will find a little more about this next week, is whether these sales are doing anything for its bottom line -- it's great to have more sales but not if they're smacking one's margins. 
Educational Resources
sponsor supplied content
Educational Resources Archive
Flash Poll
From The Founder
It's clear to me that the communications industry is divided into two types of people, and only one is living in the real world.
Jonestown
Mobile Backhaul: Going to the Dark Side?

10|30|14   |   2:26   |   (1) comment


Heavy Reading's Patrick Donegan shares his view on a dark trend that bubbled up at Light Reading's annual backhaul conference in NYC.
LRTV Huawei Video Resource Center
2014 Huawei Electric Power Industry Summit: Interview With CEO of SwitchCom

10|30|14   |   4:13   |   (0) comments


SwitchCom, an IT company based in Angola, recommends a variety of Huawei solutions and hardware to their customers in the energy industry.
LRTV Huawei Video Resource Center
2014 Huawei Electric Power Industry Summit: Interview With Ethiopia's Ministry of Water Irrigation & Energy

10|30|14   |   4:08   |   (0) comments


Gosaye Mengistie of Ethiopia's Ministry of Water Irrigation & Energy discusses the collaboration with Huawei in that country.
LRTV Huawei Video Resource Center
2014 Huawei Electric Power Industry Summit: Interview with Dongfang Electronics Corporation

10|30|14   |   5:46   |   (0) comments


Dongfang Electronics Corporation, headquartered in Chengdu, China, is one of China's largest manufacturers of power generators and contractors of power station projects.
LRTV Huawei Video Resource Center
2014 Huawei Electric Power Industry Summit: Interview with Zimbabwe's Customers

10|30|14   |   3:31   |   (0) comments


Representatives of Zimbabwe's Ministry of Power and Development discuss the energy needs of their country as well as new areas of improvement due to enhanced ICT capabilities.
LRTV Huawei Video Resource Center
2014 Huawei Electric Power Industry Summit: Interview With Colbún Chile

10|30|14   |   4:29   |   (0) comments


In Chile, an aging energy infrastructure was in dire need of a modern update. Claudio Valenzuela of Colbún discusses how Huawei's ICT solutions continue to provide crucial information to improve the grid and how an in-country engineer is a cricial asset.
LRTV Huawei Video Resource Center
2014 Huawei Electric Power Industry Summit: Interview With YuLiao

10|30|14   |   6:27   |   (0) comments


Yu Liao, chairman of the Chinese Association for Renewable Energy in Germany, discusses the role that ICT solutions play in helping to grow renewable energy resources in Germany.
LRTV Huawei Video Resource Center
2014 Huawei Electric Power Industry Summit: Interview

10|30|14   |   2:54   |   (0) comments


Sifang has been working with Huawei on several projects. JingTao Wu, Assistant President of Beijing Sifang Automation Co. Ltd., believes that the cooperation with Huawei can facilitate Sifang's process of internationalization.
LRTV Huawei Video Resource Center
A Better Connected Smart Grid: Powering Laos

10|30|14   |   5:38   |   (0) comments


Representatives of Electricite Du Laos (EDL), a state-owned corporation, discuss the importance of ICT solutions in serving their country's energy needs.
LRTV Huawei Video Resource Center
2014 Huawei Electric Power Industry Summit: Interview With Junwei Lu

10|30|14   |   4:50   |   (0) comments


Professor Junwei Lu of Griffith University Australia describes his work with micro grid technology and the future of the power industry.
LRTV Documentaries
The Next-Gen Network Disconnect

10|29|14   |   01:23   |   (2) comments


There's a lot of talk about making networks more simple with SDN, NFV and next-gen broadband technology – but what about the complexity of introducing such capabilities?
LRTV Custom TV
Grow Your VPN Service Revenue

10|27|14   |   4:00   |   (0) comments


Watch how CSP product managers can better differentiate and maximize the value of their Internet, VPN and cloud services for business services customers, by adding premium application performance visibility to their data services.
Upcoming Live Events
November 6, 2014, Santa Clara
November 11, 2014, Atlanta, GA
December 2, 2014, New York City
December 3, 2014, New York City
December 9-10, 2014, Reykjavik, Iceland
February 10, 2015, Atlanta, GA
May 6, 2015, McCormick Convention Center, Chicago, IL
May 30, 2015, The Westin Peachtree, Atlanta, GA
June 9-10, 2015, Chicago, IL
Infographics
WhoIsHostingThis.com presents six of the world's most extreme WiFi hotspots, enabling the most epic selfies you can imagine.
Hot Topics
Microsoft's Skype Embraces WebRTC on IE
Sarah Reedy, Senior Editor, 10/27/2014
FTC Slaps AT&T With Throttling Lawsuit
Sarah Reedy, Senior Editor, 10/28/2014
Wheeler Gets Down With OTT
Mari Silbey, Independent Technology Editor, 10/29/2014
China's MVNOs Hit the Wall
Robert Clark, 10/27/2014
Let's Not Kill SDN & NFV With Silos
Francois Locoh-Donou, Senior VP, Global Products Group, Ciena, 10/28/2014
Like Us on Facebook
Twitter Feed