(GSM Insider) - Huawei Doesn't Need IPO At The Moment, Says CFO.
Huawei serving three main customers that include mobile network operators, entrepreneurs and consumers. When asking whether Huawei will split it business into different depart and goes for IPO, the CFO remains confident that no IPO is requires at the moment.
She stated that Huawei serving 45 out of 50 world leading companies. 27 of 45 companies are the main contributor for the Chinese company as they contribution around 70 percent of revenues. This is why Huawei has enough capital.
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