Huawei’s sales for handsets and other devices reached $5.7 billion last year.
According to the company’s marketing officer Vicor Xu, the sales were driven by a more than 54 percent increase in handset contract sales to over $2.1 billion.
He added that the company’s device division expects “steady and continuous” revenue growth in the future, as well as a “significant” growth in China and India over the next five years. He said this was due to its relatively late roll-out of third-generation mobile networks.
He was also optimistic claiming that the company could overtake Western Europe as the division’s largest market. His comments are slightly worrying considering Huawei was formed out of the Chinese army, and has aims of world domination.
Xu went on to gloat that Huawei had shipped more than 3 million Android smartphones last year and over 120 million units of all handsets and other devices. He added that the company had launched around 10 Android smartphones and will launch 10 more smartphones in 2011.
Although a quarter of Huawei’s revenue comes from China, the rest is spread out around the world
The gloating from the company came as it released its new handset at CES.
The Ideos X5 runs Android 2.2 and has a 3.8 inch touchscreen. There’s also a five megapixel camera and 720p high-definition video playback.
The X5 is the second Huawei smartphone to be released under the Ideos brand.