Burgeoning Chinese telecoms vendor, Huawei Technologies, has released its results for the year to December 2010 showing a 24.2% increase in revenues and an increase in net profit of 30%.
Revenue was CNY185.2 billion and net profit CNY23.8 billion, representing a profit margin of 30%. Telecom network sales accounted for 66% of the total.
Source: IT Wire
Get the latest Datacentre industry news
Subscribe now to receive your daily news email with insights, worldwide headlines & much more, and it's FREE.
Sign-up today and receive a free detailed overview of the acclaimed "Western Europe Data Centre Market" Report plus unique 25% discount off the full price.