Huawei expects double-digit growth for wireless network unit

04/3/2013 | Wall Street Journal, The

China's Huawei Technologies might be shut out of the U.S. market over national security concerns, but a company executive predicts that the wireless network division will grow about 10% this year on its strong business elsewhere after a year in which sales rose 11%. "It's not an ambitious target," said Huawei Vice President Bob Cai, who expects the company's Long-Term Evolution network revenue to double to about $2 billion in 2013.

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