back to article Huawei set to leapfrog Ericsson ... if the sums add up

Chinese telecoms kit maker Huawei could be set to leapfrog market leader Ericsson after it estimated 2012 revenue will jump eight per cent year-on-year to 220.2 billion yuan (£22.4bn). The Shenzhen-based company released unaudited results yesterday in which it said it expected profits to surge 33 per cent from 2011 to reach 15 …


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