HUAWEI AIMS TO MAKE USD 4BN OVERSEAS SALES IN 2005

AsiaInfo Services, January, 2005

AsiaInfo Services 01-24-2005 Huawei Aims to Make USD 4bn Overseas Sales in 2005 SHENZHEN, Jan 24, 2005 (SinoCast via COMTEX) -- Recently, a high-rank officialfrom Huawei Technologies said his company aims to double overseas sales of 2004, to USD 4 billion (USD 1 = CNY 8.27), this year. Then, the company's sales from overseas market will exceed thatfrom domestic market. In the light of sources, the largest communications equipment maker in China had pulled in USD 2.28 billion sales from overseas market last year, and the figure was USD 280 million more than earlier estimation.

The overseas sales has accounted for 42% of overall sales Huawei made last year. So far, Huawei sells its products in more than 90 countries around the world. Also it formed...

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