Chinese communications equipment manufacturer Huawei will reassess its 2009 investment goals in Brazil and hopes to continue its good performance in the country, a senior company official said Thursday.
"So far operators say they will keep the investment to see it grow in 2009, as there are new prospects for business," said Marcelo Motta, director of marketing and products of Huawei Brazil.
The Chinese company will complete its 10th year in the Brazilian market in 2009, and has seen profits triple between 2006 and 2008.
According to the company, its profits surpassed US$300 million in 2006, which doubled to 600 million dollars the next year. The expectation of profits for this year is growth of about 70 percent.
The company has already sold about 1 million 3G modems for notebooks in Brazil. Motta estimated that another 3 million 3G modems would be sold for 2009.
(Xinhua News Agency December 5, 2008)
