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Huawei putting US on hold

Updated: 2013-12-05 07:13
By Gao Yuan ( China Daily)

Analysts say US will remain an ultimate growth target

Huawei Technologies Co Ltd, China's largest maker of phone network equipment, is indicating it will abandon the United States carrier equipment market.

But analysts believe the company, based in Shenzhen, Guangdong, is eyeing European and Chinese markets for profit growth, while the US remains important to Huawei in the long term.

Huawei putting US on hold