30-12-2016 06:21 via uk.news.yahoo.com

China's Huawei sees slower revenue growth for 2016

China's Huawei Technologies Co Ltd [HWT.UL], one of the world's largest telecom equipment makers, said on Friday it expects 2016 revenue growth to slow slightly to 32 percent and forecast greater uncertainties next year. The Shenzhen-based company, which competes with Sweden's Ericsson for the top spot in the global market for telecoms equipment, sees 2016 revenue hitting 520 billion yuan ($74.8 billion), said Eric Xu, Huawei's rotating chief executive. The expected growth rate for this year rep
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