Huawei predicts 29% growth in 2009

Chinese vendor Huawei, as it looks to expand both into the smartphone market and in North America in 2009, expects to grow around 29% in the next year, buoyed by potential growth in China.

The Chinese equipment maker said that its contract sales in 2008 totaled $23.3 billion, and that it expects sales in 2009 to rise to $30 billion, an increase of 28.8 percent. The numbers were first reported in the Chinese media, citing an internal email sent to Huawei's employees by chairwoman, Sun Yafang.

The robust prediction may be based in part on the awarding of 3G licenses in China. Huawei has also indicated that it would like to break into the smartphone market in 2009 by producing Symbian and Android-based phones.

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