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| Topic: |
Business
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| Number of pages / Number of words: |
18 / 4818 |
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Leveraging its key competencies (low cost and R&D) to penetrate beyond China, the company expects to increase the percentage of international revenues from 27 to 40 percent or roughly $2 billion. Huawei expects its overall sales to double to $10 billion by 2008 bringing it more in line with the revenue of Nortel Networks and inching closer to Cisco...
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Huawei expects its overall sales to double to $10 billion by 2008 bringing it more in line with the revenue of Nortel Networks and inching closer to Cisco. Currently, most of Huawei’s $2 billion plus international revenue comes from developing markets in Latin America, Africa, the Middle East, Asia Pacific, and emerging countries in Eastern and Central Europe...
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