Huawei to celebrate 10th Year of Global Analyst Summit

Huawei has welcomed over 140 industry analysts to celebrate its 10th year of annual Global Analyst Summit. This year's summit theme "Make it Possible", will demonstrate Huawei’s commitment to helping its customers achieve business success and realize endless possibilities.

Over the past decade, the Summit has become a platform for Huawei to share updates on its financial performance as well as its business and solution strategies, providing an invaluable opportunity for the industry’s best minds to discuss developments and trends that impact the ICT industry.

CT Johnson, Huawei's Corporate Controller, said, "Despite challenging global economic conditions, Huawei achieved robust growth in 2012 through intense customer focus and improved operational efficiency. We enjoyed steady revenue development, recording sales of CNY220 billion, as well as a net profit of CNY15 billion. In the next five years, we expect to realize a compound annual growth rate of 10%. At the Summit, we shared our insights into developments in the ICT industry, the opportunities these developments will present Huawei, and our strategies for reaching the company’s growth targets over the next half decade."

Huawei believes that the Summit will provide analysts with valuable insights into its strategies for the future as well as the company’s plans for continuing to create business opportunities for its customers and partners.