Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Huawei Spins Off Software Business

CCID, 5/28/08

Chinese telecom equipment manufacturer Huawei has spun off its applications and software department into an independent business, named Huawei Software. Huawei's aim is for the new company to be a global leader in the provision of point-to-point software solutions for the telecom market. Huawei Software spokesperson Che Haiping indicated that research into services and technology will be used to assist operators adjust their businesses after the telecom industry restructuring.

Editor's note: Huawei's software business has seen average annual growth of about 33%. In 2007, it recorded sales of USD 1.4 bln, 55% of which came from overseas markets. Currently, approximately 30% of its revenues come from supply of product/services for China Mobile';s value-added services.

Keywords: Che Haiping Huawei software telecom telecom equipment restructuring spin-off


Please note, all fields are required.
None of your personal information will be shared with third parties.


Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports