Industry / China
Lower Profitability Part Of Huawei's Expansion Strategy
April 2012 | Company News AlertHuawei Technologies saw its 2011 profitability eroded by a variety of factors that include the volatile macroeconomic environment, increased investment into new market segments and the appreciation of the Chinese yuan. However, the Chinese equipment vendor expects revenue to maintain its strong growth trajectory, and BMI believes that the firm is financially strong enough to weather the lower profitability and carve out sizeable market share with its aggressive expansion approach.
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