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Numerex Corp. (NMRX) Message Board

  • dbtunr dbtunr May 21, 2013 9:46 AM Flag

    Huawei

    great. Now the Chinese can spy on our industrial equipment too. why would they announce a deal that the government has barred from US communications

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    • I was curious about this announcement, so I did some simple research. Here's somestuff I found:

      (A) According to their 2012 annual report Huawei had total gross revenue worldwide of US$ 35 billion. A quote from this report "Huawei continued to strengthen the competitiveness of its service solutions. Over the past seven years, the compound annual growth rate (CAGR) of Huawei’s managed services exceeded 70%, making Huawei the fastest-growing managed services provider in the world. In the customer experience management (CEM) field,"

      (B) Again from the annual report, here is the list of their North American operations:
      8 regional offices and 9 additional R&D centers\
      More than 1000+ employees and actively recruiting
      Core businesses in mobile networks, core networks, optical networks, broadband access, and .......... terminals
      Solutions deployed by Leap Wireless, Cox Communications, Telus, Bell Canada, Alltel, Cleartalk, ......... Hibernia, Level3, MetroPCS, One Communications, Suddenlink, T-Mobile, Tyco Communications, ...

      (C) From the Channelnomics website of today I found this:
      "Despite the ongoing suspicious by the U.S. government and the muckraking by competitors, Huawei is standing firm on its ambitions to crack the U.S. networking market by building a channel network that capitalizes on trends in mobility, Big Data and cloud computing."

      I expect all this is why NMRX management decided to partner with them.

      Sentiment: Buy

 
NMRX
11.18+0.03(+0.27%)Nov 26 4:00 PMEST

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