In a New Year’s message, Huawei’s Deputy Chairman and Rotating CEO Ken Hu said that the company saw 15% year-over-year revenue growth in 2017, and said that the industry’s foundation for new growth lies in creating superior customer experiences in video, the internet of things, and cloud communications.

Hu said that sales revenue is expected to reach more than $92 billion for the year just ended, an increase of 15% year-over-year.

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