The global telecom solutions provider experienced sales revenues of US$28.35 billion and net profit margin of 12.3 per cent in 2010.

The company significantly expanded in overseas market last year, and also continued development in its three core business divisions -- Telecom Networks, Global Services, and Devices.

Huawei attributes its growth to these developments that helped it to maintain its steady growth.

Huawei successfully deployed more than 80 SingleRAN networks for operators by the end of 2010. Out of these 80 networks, 28 LTE networks were commercially launched or ready to be launched.