Huawei is aiming to crack into the market for technology sales to large businesses as a way to diversify its revenue streams and make use of what it has learned in the telecoms market. The company said it has had a compound annual growth rate of 40 percent in each of the years since it launched its enterprise business in 2011, and based on that growth the company expects to expand its enterprise business to $10 billion annually by 2017.
SHANGHAI--As the market for telecom network equipment continues to shift, Chinese vendor Huawei is striking out into a related field--technology sales to large businesses--as a way to diversify its revenue sources and make use of its learnings in the telecoms market.
SHANGHAI--A top Huawei executive said the company continues to make progress in the U.S. enterprise market despite its struggles in selling network equipment to U.S. wireless carriers.
SHANGHAI--Huawei has added its voice to the growing chorus of companies predicting massive growth in the communications sector: The Chinese company said that, based on a new global survey of business executives, it now expects a total of 100 billion connections (both human and machine) by 2025, a figure that includes 8 billion smartphones.
T-Mobile US sued Huawei for corporate espionage, alleging that the vendor's employees illegally photographed and tried to steal parts of a robot it developed in its labs, called "Tappy," to test cell phones.
O2 is on the brink of agreeing a deal to become the exclusive seller of Amazon's Fire smartphone in the UK, while separately signalling its intention to sell Motorola's Moto 360 smart watch by opening a registration page for the device.
Low-cost LTE smartphones, smart wearables and connected home innovations are set to dominate the forthcoming IFA consumer show in Germany, according to latest research from CCS Insight.
A clear pattern is emerging among the world's top smartphones makers as September comes into view: Almost none of them are going to use CTIA's Super Mobility Week trade show as the official launch vehicle for their latest phones and wearable devices.
Huawei does not plan on building a smartphone running on the open-source Tizen platform, according to a senior company executive, dealing yet another blow to the fledgling smartphone platform. Richard Yu, CEO of Huawei's consumer business group, also said Huawei is putting on pause plans to introduce new phones running Microsoft's Windows Phone platform.
Its backers no longer call it LTE Unlicensed (LTE-U), though that is an apt description. Regardless, the technology now referred to as Licensed-Assisted Access (LAA) has won kudos for its performance in the 5 GHz band, with tests conducted by Huawei and NTT DoCoMo showing the approach delivers better performance in both coverage and capacity compared with current widely deployed Wi-Fi equipment based on the 802.11n standard.