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

Ingram Micro maintains Showcase 2018 momentum in Wellington

Ingram Micro maintains Showcase 2018 momentum in Wellington

Ingram Micro maintained Showcase 2018 momentum in Wellington, hosting more than 40 vendors at TSB Arena. Under the banner of Leading the Way, the event demonstrated what’s new, what’s next and how it can be used to improve business and everyday life.

Ingram Micro maintains Showcase 2018 momentum in Wellington
Ingram Micro launches Showcase 2018 in Christchurch

Ingram Micro launches Showcase 2018 in Christchurch

Ingram Micro kickstarted Showcase 2018 in Christchurch, hosting more than 40 vendors at Horncastle Arena. Under the banner of Leading the Way, the event demonstrated what’s new, what’s next and how it can be used to improve business and everyday life.

Ingram Micro launches Showcase 2018 in Christchurch
Data breach notification laws in NZ: How can partners prepare?

Data breach notification laws in NZ: How can partners prepare?

This exclusive Reseller News Roundtable outlined the responsibilities facing security partners today, assessing risk while evaluating the role of the vendor in providing added layers of protection.

Data breach notification laws in NZ: How can partners prepare?
Show Comments