If I told you Huawei Technologies’ attempts to penetrate the U.S. telecom infrastructure market just got a bit harder, would you be confused? If you haven’t been paying close attention, you can be forgiven for thinking that Huawei gave up on the U.S. mobile infrastructure market last year. Company executives have made statements to the press that certainly cast that impression.
Every year, Huawei releases its annual report in the run up to its Global Analyst Summit (colloquially called “GAS” – by Huawei, that is) and then generally spends the first day of its conference reviewing the results. This year, as we all get our visa applications in order and start travel planning, Huawei’s annual report offers a glimpse of what we should be hearing from the vendor at its annual gathering.
My bet: While I’m sure there will be some management consulting-style marketing spin applied, the key takeaway for most of us will be that Huawei has officially settled into the reality of a mature market player. To be sure, it will point to impressive growth percentages from its enterprise and consumer businesses (32.4% and 17.8% YoY, respectively). However, the fact is that Huawei’s fastest growing business still barely represents one-twentieth of the vendor’s yearly bookings. Continue reading “Huawei 2013 Annual Report: Does the Company’s Growth Engine Need Some GAS?”→