On Air Now

Current Show

News & Views with Joel Heitkamp   8:30 AM - 11:00 AM

Call News & Views at 800-880-5346 or 701-237-5948

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 790 AM Fargo-Moorhead

Weather

Current Conditions(Fargo,ND 58103)

More Weather »
44° Feels Like: 35°
Wind: E 25 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Sunny/Wind 60°

Tonight

Clear 33°

Tomorrow

Partly Cloudy 68°

Alerts

China's Huawei expects 4G revenue to double to $4 billion in 2014

A man walks past a Huawei company logo outside the entrance of a Huawei office in Wuhan, Hubei province October 9, 2012. REUTERS/Stringer
A man walks past a Huawei company logo outside the entrance of a Huawei office in Wuhan, Hubei province October 9, 2012. REUTERS/Stringer

SHANGHAI (Reuters) - Chinese telecommunications equipment maker Huawei Technologies Co Ltd expects revenue from its 4G mobile network business to double to $4 billion in 2014 compared with this year, a senior executive said on Friday.

The company also expects revenue from the overall wireless market to total $12.9 billion next year, up from $11.7 billion this year, David Wang, president of Huawei Wireless Network, told reporters in Shanghai.

Earlier this month, China awarded 4G licenses to the country's three telecom carriers - China Mobile Ltd, China Unicom Hong Kong Ltd and China Telecom Corp Ltd - in a move that would benefit telecom equipment makers including Huawei and ZTE Corp.

(Reporting by Samuel Shen; Writing by Kazunori Takada and Kenneth Maxwell)

Comments