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  • China's Huawei Net Profit Up 20% In 2008

    April 23, 2009

    Chinese telecommunications equipment maker Huawei Technologies has published its annual financial report for 2008 and states that its global sales increased by 42.7% year-on-year to USD18.33 billion, which equals about CNY125 billion, while its net profit increased by 20% year-on-year to USD1.15 billion, about CNY7.9 billion.