How amazing of China Telecom market

In 2008, mobile phone market record it's dropping since 2001. Nortel collapsed, Cisco, Ericsson, Alcatel Lucent keep average, and in China, Hawei, recorded 36% growth in 2008. It was due to the huge Telecom infrastructure demanding from China and the developing country's markets needing the low price infrastructure. In 2008, the turnover of Hawei was USD17 billion. In that 2009, the target is USD30 billion internally from Hawei.

Such company exist for 20 years old and found from an military officer in the beginning. And now, the low price is no longer the only option from Hawei after signed the contract with a Norway operator for their 4G infrastructure. It also means Hawei have met the international standard of offering the international grade equipments.