SHENZHEN, March 31 Huawei Technologies Ltd
aims to increase revenue by 10 percent in 2014, eyeing
total sales of $70 billion by 2018, the company said at its 2013
annual results press conference in Shenzhen on Monday.
Huawei saw revenue rise 8.6 percent to reach a record 239
billion yuan ($38.5 billion) in 2013 versus company guidance of
238 billion yuan to 240 billion yuan, as profit margins improved
for the second year in a row.
Net profit for 2013 rose 34.4 percent to 21 billion yuan,
its fastest growth rate in four years.
($1 = 6.2122 Chinese Yuan)
(Reporting by Yimou Lee in SHENZHEN; Writing by Paul Carsten in
Beijing; Editing by Christopher Cushing)