April 23, 2013 / 8:00 AM / 6 years ago

Huawei sees enterprise sales rising to $2.7 billion in 2013

HONG KONG (Reuters) - Huawei Technologies Co Ltd, the world’s No.2 telecoms equipment maker, expects its networking equipment sales targeted at enterprises to rise to $2.7 billion this year, up from $1.9 billion in 2012, a senior executive said on Tuesday.

William Xu, CEO of Huawei’s enterprise business group, gave the forecast during a media briefing in Shenzhen, China, where the company is headquartered.

Earlier in the day, another Huawei executive said sales from the unit would rise to $10 billion by 2017, toning down the company’s long-term target and saying a prior figure was too optimistic.

Reporting by Yimou Lee and Lee Chyen Yee; Editing by Edmund Klamann

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