Chinese group Huawei expects growth of over 15 pct in Angola in 2015

18 September 2015

Chinese group Huawei estimates business growth in Angola of between 15 and 20 percent, said the director of the group’s subsidiary in the West African country, James Yang.

Yang said that to achieve the results intended Huawei had the support of telecommunications company Unitel, with which it has an exclusive contract, as well as direct sales to the government and private companies.

The board of directors of the company, which recently launched the P8 model mobile phone in the Angolan market, expect the product to be a success, “given its quality and the price at which it was launched.”

In 2014 the Huawei group recorded turnover of US$46.5 billion, and expects turnover to reach US$70 billion by the end of 2018.

Huawei, based in Shenzhen in China’s Guangdong province, is a group specialised in the manufacture of telecommunications equipment and computer networks and provision of related services. (macauhub/AO/CN)