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Huawei projects 10% average growth over 5 years

By Shen Jingting | China Daily | Updated: 2013-04-09 05:47

Its 2012 sales increase 8 percent to $35.5b, while profits jump 32 percent

Huawei Technologies Co, the Chinese telecoms giant, has forecast revenue growth will average 10 percent annually over the next five years.

Releasing its annual report for 2012 on Monday, it said sales rose 8 percent to 220 billion yuan ($35.5 billion) last year.

Huawei projects 10% average growth over 5 years

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