(MENAFN) China's telecommunications giant Huawei Technologies Cp. Ltd said it expects its sales revenue to reach USD46 billion in 2014, increasing 15 percent on-year, Xinhua reported.
The Chinese telecommunications giant's CEO said that the strong performance was partly boosted by its terminal equipment sales, which is forecasted to hit USD11.8 billion in 2014.
Meanwhile, Huawei's smartphone shipments in 2014 is expected to increase more than 40 percent to 75 million, placing the company in the third place in the global smartphone market after Samsung and Apple.
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