China’s Huawei Set To Topple Ericsson

huawei motorola nokia dealHuawei Technologies has seen exceptional growth over the past 3 years with the telecommunication makers profits jumping by 24% last year alone!
This growth has obviously not gone unnoticed and many industry insiders are speculating that the Shenzhen based company may well surpass Swedish rival Ericsson as the world’s largest communications equipment maker.

Huawei’s total revenue for last year reached an astonishing $28 billion while Ericsson’s was only marginally greater at $28.3 billion.

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Ken Hu, deputy chairman of the digital giant said that the his companies continued great fortune is all thanks to “Global operators” continually choosing Huawei for there communication infrastructure and device needs.

Huawei managed to install 28 LTE 4G networks globally, and shipped more than 120 million digital devices ranging from smart phones to tablets and other wireless communications equipment, last year alone.

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