Huawei, China's biggest telecoms equipment supplier, is targeting about $3bn in revenues from the Middle East.
The Huawei Ascend P1 S device, which is the world’s slimmest smartphone, will be available for the first time in the Middle East from the second quarter of 2012, it was announced on Monday.
At 6.68mm thin, the Huawei Ascend P1 S was officially unveiled as the world’s slimmest smartphone at the recently concluded 2012 Consumer Electronics Show (CES) in Las Vegas.
It will go on sale in Qatar and will then be rolled out across the Middle East, a spokesperson from Informatica Qatar, exclusive distributor of Huawei devices, told Arabian Business.
“The official launch last month of the world’s slimmest and fastest smartphone has created a buzz in the global smartphone market. We are therefore thrilled to announce that the Huawei Ascend P1 S will be coming to Qatar very soon and smartphone users here can finally experience the distinctively superior features and powerful functionalities of Huawei’s latest technological breakthrough,” said Wisam Costandi, general manager of Informatica Qatar.
Huawei, China's biggest telecoms equipment supplier, is targeting about $3bn in revenues from the Middle East, a senior official said last November.
The target, which represents about ten percent of the group's overall revenue goal was announced by Tony Wong, chief technical officer for the Middle East in an interview with Zawya Dow Jones.
He was quoted as saying income will be boosted by infrastructure demand in the region.
Wong said Huawei is implementing fibre-to-the-home (FTTH) technology to around 150,000 homes in Qatar for Qatar Telecom (Qtel).
He added that Saudi Arabia is one of the largest contributors to Huawei's Middle East operations, as the kingdom has about 25 million people and a very high GDP.
In 2010, income from Huawei's business in the Middle East reached about $2.75bn, said Wong.
Huawei has been manufacturing affordable smartphones since 2010, but the Chinese manufacturer does not market smartphones under its own name.
It is the second-largest supplier of mobile telecommunications infrastructure equipment in the world after Ericsson.
