
Huawei outperformed that market and its peers in 2012. The company said sales revenue for 2012 is expected to exceed US$35 billion, with a net profit of about US$2.4 billion, a more than 10% increase year on year for both.
In a New Year's letter to customers, shareholders, employees and partners, Guo Ping, Huawei Rotating and Acting CEO, writes that this solid financial showing came despite the turbulent events of the year: the downward spiral...