Huawei fetches $7b from mobile network sector in 2007

Huawei's global revenue topped US$16 billion in 2007, with the revenue in the mobile network sector reaching US$7.0 billion to make it the tenth consecutive year of fast growth, according to a press release.
The company's contract sales was $0.2 billion in 2006 in Bangladesh. Local clients of the company include Citycell, banglalink, AKTEL, Teletalk and RanksTel.
In 2008, scale extension and technological upgradation of the global mobile communications network will display a clearer trend and operators need to merge, regroup, and adopt cost-saving strategies to maintain their competitive positions, the release added.
In 2007, the mobile communications industry underwent a sea changes in which a plurality of manufacturers were trapped through "integration", "profit", and "crisis". Huawei, however, stepped forward and entered the core market of high-end operators, and thus became the largest winner in 2007.
Yu Chengdong, the CEO of Huawei wireless product line, said, "Huawei focuses on the challenges and pressure of global operators as always. We will provide competitive solutions and services through continuous innovations to maximise our customers' profits."
In 2008, Huawei will follow the purpose of "customer-oriented innovations, realizing customer values" to bring more exciting surprises and changes to the mobile communications industry.
Huawei is a pioneer in realising the concept of "green, convergence, broadband and evolution".
The "Green Station" solution, a leading concept in the industry put forward by Huawei, applies innovative technologies of highly efficient power amplifiers, multi-carrier, distributed, and intelligent temperature control.