Huawei Considers Bids for Handset Division PDF Print E-mail
Friday, 20 June 2008 07:27
SHENZHEN – Privately held Huawei Technologies, China's largest communications network equipment maker, is contemplating the sale of a majority stake in its handsets and terminal operations, according to published reports.
 
The firm reportedly has sent proposals to Bain Capital LLC, Blackstone Group LP, TPG Inc., Kohlberg Kravis Roberts & Co., Warburg Pincus LLC, Carlyle Group, and other private equity firms.
 
The company has set a deadline of June 23 for bids, and has appointed Morgan Stanley to manage a possible sale, say reports.
 
The funds would aid in the investment in Huawei’s routers and other network gear.
 
Research firm BDA China Ltd. estimates the firm doubled its revenue last year to $2.6 billion. The handset division is said to have taken in profits of $400 million during this same period. Sales for the division were 16.4% of the company’s total revenue in 2007, up from 11.8% in the prior year, according to BDA.
Last Updated on Friday, 20 June 2008 07:28
 

Columns

Eastern-US: China’s New Competitor?

Parity emerges among EMS Factories from Asia, Mexico and the US.

For the first time in years we see parity in the Eastern US among EMS factories from Asia, Mexico and the US. This EMS market condition will permit American OEMs (the EMS industry refers to OEMs as customers) to have more EMS pathways to choose from. Now more than ever, such EMS assignments will require deeper investigation relating to the OEMs’ evaluation of manufacturing strategies.

Read more...
 
The Human Touch

For those who count on the electronics industry for big feats, it’s been a remarkable couple of years.

Read more...
 

Features

Advances in Concentration Monitoring and Closed-Loop Control

Contaminated bath water skews refractive index results. New technology can accurately measure aqueous cleaning agent concentration.

Read more...
 
Circuits Disassembly: Materials Characterization and Failure Analysis

A systematic approach to nonconventional methods of encapsulant removal.

Read more...
 

Search

Search

Login

CB Login

Language

Language

English French German Italian Portuguese Russian Spanish
 

Products

Panasonic Debuts PanaCIM Maintenance with Augmented Reality
PanaCIM Maintenance with Augmented Reality software provides instant communication and information to factory technicians -- when and where it is needed -- so they can respond to factory needs more...