[ In addition, competition will remain intense in 2013. Hauwei and ZTE are formidable competitors and will remain so in 2013. Considering ALU’s balance sheet, size and current circumstances its best possible avenue to compete against these two government supported companies is with innovation, which is fortunately ALU’s strong suite and a major thrust of the company
THE TELECOM MARKET IS IN TRANSITION AND MUST NOT BE CONCEEDED TO THE ASIAN MANUFACTURES AS WAS THE CASE WITH THE PC INDUSTRY ]
Think *SOFTWARE*.........Bell Labs has the stats / info going fwd.....about this industry...R & D....,RESEARCH comes b4 Developement.....Ben V said it...the highjer % of profits are in SOFTWARE.......if you have the research, why then just develop the hardware which can be easily copied....if you are in the Catbird Seat, develop (more) the software that utilizes the new hardware..,.ahead of the crowd...why lay cables under the ocean etc, when that focus / expendiiture could be going towards developing software to meet the demand that was the reason, based on your RESEARCH, you developed the hardware......cases in point LR & the XRS portfolios......the Nook, 1,000 devs needed....GE 400 "more" devs needed for their move into the "Smart Grid"......on and on and on........this is a/the work in progress at ALU, based on my DD.