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COMTEX) B: Overseas sales of Huawei Technologies to record five billion
US dollars in 2005 ( Xinhua )

SHENZHEN, May 19, 2005 (Xinhua via COMTEX) -- China's largest telecom equipment
provider, Huawei Technologies, said Thursday that the company's overseas sales
will reach five billion US dollars in 2005.

This would be the first time that Huawei's overseas sales will surpass domestic
sales, said Fu Jun, spokesman with the company. Total sales will likely reach
8.5 billion US dollars in 2005.

As one of the most successful telecom equipment suppliers in the world, Huawei
reported annual sales revenue of 5.58 billion US dollars in 2004. This is with a
sharp rise of 45 percent year-on- year, 2.28 billion US dollars or 41 percent of
which came from overseas markets.

Earlier, the company had set its goal of overseas sales for this year at four
billion US dollars.

"The good sales record in the first quarter this year, however, have made us
more optimistic," said Fu.

Huawei has been a global company for many years and has sold its products to
more than 90 countries and established cooperative relationships with more than
400 telecom operators.

Huawei Technologies is one of China's earliest investors in the third-generation
mobile communication technology (3G). Though the 3G market has not been launched
in China, the company has applied its 3G technologies to many countries to build
3G network. Customer countries include Malaysia, the Netherlands, United Arab
Emirates and Thailand.

The company has started to sell its 3G terminals recently in Singapore, said Fu.

More than 10 percent of the company's total sales is spent on research and
development, and it has set up research centers in the United States, Sweden,
India and Russia. About three percent of Huawei's sales revenue is used to
improve its corporate management, said Fu.

Copyright 2005 XINHUA NEWS AGENCY.