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Huawei expects its enterprise business revenue to reach $10bn in five years it told analysts at its Shenzhen HQ, rising from around $2.45bn in 2013.
It will become more of a cloud company, seeing its carrier business, where revenue growth is slowing, drop to about half its total revenues in 2018 from about 70% in 2013.
Huawei's global service business, part of its carrier operations, is predicted to grow 17% in 2014, from $8.34 bn last year.
The firm also sees its own investment in information technology rising 14% in 2014, with a focus on 4G LTE (Long-Term Evolution) and 5G high-speed mobile networks, and cloud computing, Fan Chen, vice president of accounting, said at the Shenzhen conference.
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