Menu
Huawei Australia 2012 revenue up 61 per cent to $368m

Huawei Australia 2012 revenue up 61 per cent to $368m

Huawei Australia posted sales of about $368m in 2012, up 61 per cent from last year

Huawei Australia posted sales of about $368m in 2012, up 61 per cent from last year on what is the company's most successful year in the Australian market.

According to its recently released local 2012 corporate report, Huawei Australia said it doubled its growth in its Carrier Business Group. Its global revenues which were announced earlier stood at about $US 35.5 billion.

Huawei Australia CFO, Luke Austin, said the company's financial performance in 2012 is a reflection of the company's growth in the Australian market.

"Huawei continued to push our localisation strategy during the year, with global CEO, Ren Zhengfei, attending an Australian Board meeting where he announced that local profits would be reinvested in the local business," he said.

Huawei works with all major Australian operators and employ over 700 staff in Australia, 85 per cent of which are locals.

More to come.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags international news

Featured

Slideshows

Reseller News launches alumnae breakfast for Women in ICT Awards

Reseller News launches alumnae breakfast for Women in ICT Awards

Reseller News hosted the first alumnae breakfast for the Women in ICT Awards in New Zealand, designed to showcase the leading female leaders in the industry. Held at The Cordis in Auckland, attendees came together to hear inspiring keynotes and panel discussions, alongside high-level networking among peers.

Reseller News launches alumnae breakfast for Women in ICT Awards
Reseller News Innovation Awards 2018: meet the top performing partners

Reseller News Innovation Awards 2018: meet the top performing partners

Reseller News honoured the industry’s finest on a standout evening for the New Zealand channel, recognising the achievements of established partners, emerging players and innovative start-ups, in front of over 460 technology leaders in Auckland.

Reseller News Innovation Awards 2018: meet the top performing partners
Show Comments