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Monday
Jan242011

Huawei terminal sales up 54%

Huawei might be known for its networking gear, but its terminal group is also on a roll.

The division, which makes everything from smartphones to video-conferencing units, boosted sales 54% last year to $4.5bn.

Chinese media reports (here and here) say an un-named senior executive told staff at a company Chinese New Year function that unit shipments increased 30% in 2010 to 121mn.

Of these 30mn were smartphones, making the company the fifth biggest Android handset-maker behind Samsung, HTC, Motorola and Sony Ericsson.

The privately-held firm reported full-year earnings of 21bn yuan ($3.2b) on revenue of 149bn in 2009.

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