Huawei Technologies Co Ltd News

In a speech at the Policy Exchange thinks tank set for Wednesday, Hancock will point to the UK`s defence industry as proof of what can be done by a government prepared to create the right market conditions, the newspaper said, citing prepared remarks.

Chinese telecoms giant Huawei Technologies Co Ltd will start making smartphones in India next month, the company said on Friday, joining a wave of compatriots setting up in one of the world`s biggest mobile phone markets.

Huawei Technologies Co Ltd unveiled on Friday a slate of new devices meant to showcase the Chinese company`s hardware technology, just days before Apple Inc releases its highly-anticipated iPhone 6 on Sept 9.

Huawei said its goal is revenues of 50 billion yen (USD 487.9 million) from sales of IT equipment to Japanese corporate customers in fiscal 2017, using competitive pricing to win orders from large firms.