Deals
Huawei 2010 Profit Gains 30% on Higher International Sales
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Huawei Technologies Co., China’s largest maker of phone equipment, said profit gained 30 percent last year, led by increased international sales.
Net income rose to 23.8 billion yuan ($3.64 billion) from 18.3 billion yuan a year earlier, according to the 2010 annual report released by the Shenzhen, China-based company today. Sales increased 24 percent to 185.2 billion yuan, it said.