[Reuters] China's Huawei expects profit jump after reporting drop in 2011

Posted by: UGN Security

[Reuters] China's Huawei expects profit jump after reporting drop in 2011 - 01/04/13 09:54 AM

HONG KONG (Reuters) - China's Huawei Technologies Co Ltd, the world's No.2 telecom equipment maker, expects a 2012 profit gain after reporting a sharp drop a year ago, thanks to new projects and increased sales in high-end mobile phone markets such as Japan.