Huawei's Middle East revenue rose 18% in 2012

  • Share via facebook
  • Tweet this
  • Bookmark and Share

China's Huawei Technologies Co's Middle East revenue rose 18 percent to $2.08 billion in 2012 and the roll-out of 4G mobile networks and IT outsourcing will be among its main regional growth drivers, the firm said.

The world's second-largest telecom equipment maker also expects Middle East telecom operators to prioritise improving network efficiency, Shi Yaohong, president of Huawei Middle East, told Reuters in an email.

"Operators' shift toward software-defined networks, IT outsourcing and adoption of 4G ... are all going to play a key role in Huawei's future business," said Shi.

The disclosure of the Middle East revenue figures - Huawei declined to reveal its net profit or capital expenditure for the region - may be part of a broader effort to be more open, coming after the company's Chief Financial Officer Cathy Meng hosted her first news conference earlier this year to announce the company's 2012 results.

Many Middle East telecom firms, particularly in the wealthy Gulf, have unveiled 4G or long-term evolution (LTE) networks that potentially offer mobile internet speeds more than double that of 3G, but a shortage of devices has caused a slower-than-expected consumer take-up of this technology, said Shi.

Shenzhen-based Huawei is also the world's No.5 smartphone maker, competing with the likes of Apple Inc and Samsung Electronics Co Ltd.

"By expanding our local portfolio to include more smartphones, tablets and wifi routers that are compatible with technologies like 4G LTE, we hope to open up the market significantly over the next 12 months," said Shi.

"In the device realm, we recognise Huawei was hardly known to most local consumers just two years ago. Building our consumer brand will still take time."

The Middle East accounted for 5.9 percent of Huawei's $35.35 billion global revenue last year, up from 5.5 percent in 2011, according to Reuters calculations.

Huawei defines the Middle East as incorporating the six Gulf Co-operation Council (GCC) countries - Saudi Arabia, Kuwait, Qatar, Bahrain, Oman and the United Arab Emirates - plus Iraq, Pakistan, Afghanistan and Iran.

Huawei declined to provide a segmental revenue breakdown for the Middle East, but globally its carrier business accounted for 73 percent of revenue last year, while its enterprise and consumer units contributed 5.2 and 21.8 percent respectively, according to Reuters calculations.

"Our enterprise and consumer offerings are still relatively new in this region," added Shi.

Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
The politics of big data

The politics of big data

The UAE may be one of the fastest adopters of e-government initiatives...

Gateway to a new era

Gateway to a new era

Could Telr be the answer to start-ups’ prayers? The new three...

7 of the best accounting apps

7 of the best accounting apps

Tamara Pupic tracks down some of the best accounting apps on...

Most Popular
Most Discussed
  • 10
    UAE teens among the highest for obesity rates

    Everyone in UAE knows that biggest is best.

    UAE may not light up the international league tables in standard of living, education standards, press... more

    Friday, 29 August 2014 4:20 PM - Proud UAEer
  • 9
    Saudi Arabia seeks talks on hiring of Sri Lankan maids

    perhaps the unemployed saudi men or the millions of women who are not allowed to work could pick up a broom and start sweeping their own houses. more

    Sunday, 31 August 2014 3:28 PM - nice
  • 9
    Smoke-free Dubai - the big debate

    Surprisingly the only studies that show a negative financial impact of the smoking ban on the hospitality industry are sponsored by tobacco companies ... more

    Wednesday, 27 August 2014 4:19 PM - Telcoguy
  • 24
    World's most pierced man refused entry to the UAE

    Tolerance has its limits everywhere including Dubai and those who considered Dubai a lawless circus were held thank you Dubai authorities... more

    Thursday, 21 August 2014 10:51 PM - Khalil
  • 23
    Baby NOT on board?

    Some of you cry babies need to get your own personal apartments on the plane ! You cry more then the babies I have seen in my travels. LOL more

    Thursday, 28 August 2014 9:10 AM - Jim
  • 21
    Israel “must be punished” over Gaza, says Dubai police chief

    This high moral ground that Mick is talking abt sound very familiar. May I remind Mick that the US & its British ally alone killed over 1 million innocent... more

    Thursday, 7 August 2014 4:12 PM - Mathew