Huawei Financials Show 'Robust' Growth, 11% Worth
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Huawei released its first half financials, showcasing ‘stable and robust’ performance, and announced its new HEAP program.

The provider of global information and communications technology experienced strong sales growth of 11 per cent year-over-year, valued at CNY 98.3 Billion dollars. Of which, CNY 12.4 Billion was its operating profit.

Huawei’s Chief Financial Officer, Cathy Meng believed Huawei’s growth was ‘strong and robust’, despite uncertainty in the global economy.

 “Huawei’s performance in the first half of 2011 was in line with our expectations, while growth was stable and robust. Although the global economy continues to face uncertainty, we remain confident in achieving our annual sales target of CNY 199 billion with our Device and Enterprise businesses as new growth drivers.”

Huawei’s growth is partially owered to its dynamic shift from being a traditional telecom solution operator, to an integrated ICT solution vendor, which is a market experiencing significant growth. However the company hasn’t pigeonhold itself in a single sector of technology, dabbling successfully in many areas.

2011 saw them growing in the carrier market, launching the fist mult-mode SingleRan solution, that can support both WiMAX and LTE, an innovation that has earned them an ACOMM award. Since the innovation, they’ve been busy deploying over 130 stations worldwide.

 

Huawei has also introduced new cloud computing models through its ‘Media Cloud’ and ‘Health Cloud’ solutions, which have been deployed in more than 20 countries worldwide. The technology has been picked up by different industries, including operators, medical, radio, internet, education and e-government.

Huawei devices also prospered shipping 72 million units, a 40 per cent year over year rise. It also led the Android Tablet charge, introducing the first 3.2 Honeycomb Tablet, the Media Pad.
 
It now aims to reach more potential business partners, through a newly launched program called the Huawei Enterprise Advantage Partner (HEAP), in conjunction with Simms International. The program aims to create strong relationships with resellers, system integrators and technology suppliers in an effort to strengthen Huawei’s enterprise business in Australia.

 “We’re excited to announce this new Channel Partner Program as part of our joint go-to-market strategy,” said South Pacific Regional VP of Huawei Enterprise, Tony Zhang. “This will offer our partners and resellers the opportunity to grow with Huawei’s Enterprise Business, bringing new business prospects, along with new avenues for growth and profitability.”