Huawei Technologies sells more overseas than in China in 2005

7 February 2006

Beijing, China, 07 Feb – Chinese manufacturer of telecommunications equipment, Huawei Technologies, exported more products than it sold in its domestic market in 2005, China’s Trade Ministry said Tuesday in Beijing.

Last year Huawei’s total sales were of US$8.3 billion, 58 percent of which were abroad.

In 2005, Huawei’s third generation (3G) technologies were used in 18 countries and regions including, the Netehrlands, Portugal and Malaysia. Huawei also became a strategic partner for Spain’s Telefonica and Britain’s Vodafone.

Figures from the State of Office for Intellectual Property show that Huawei is the Chinese company with most registered patents.

At the end of 2005 Huawei had registered over 10,000 patents, 90 percent of which related to inventions.

Based in Shenzhen, a special economic area of China next to Hong Kong, Huawei became known in China for its low costs and an aggressive sales team, techniques which have made it possible for the company to overtake other better-known manufacturers of telecommunications materials. (macauhub)