Huawei+Enterprise+Business+Group" target="_blank">Huawei Enterprise Business Group, one of the three divisions of Chinese telecom and IT solutions major Huawei, today unveiled its video-based communications product – TP 3118, and hopes to achieve a 25 per cent market share for the product in the first year.
Iric Yu, president (enterprise business) of Huawei in India, said the telepresence product was unmatched in terms of quality in picture and sound besides being cost-competitive.This solution offers a real-life telepresence experience at lower bandwidth by VME (video motion enhancement) and HP (high profile) dual-core drive, according to him.
Of the expected sales of 500 video conferencing sets by all the companies in the current year, Huawei alone plans to sell a quarter of this number.
“We always grew by leaps and bounds as our products and applications demonstrate superior performance because they all evolved from Huawei’s core telecom technology experience,” he said, while stating that they were the only company in the world that can offer unified communications solutions with interoperability extending even to mobile phones.
Huawei’s enterprise business division, launched in India last September, has so far clocked a sales turnover of $50 million and hopes to increase the topline to about $50 million in the next nine to 12 months, according to Eric. Globally, it has a 30 per cent market share for the telepresence product, he said.
Huawei is also planning to introduce Virtual Teller Machines (VTM) that help banks to expand their operations in remote areas where the bank branches do not exist, he said.
The company’s consumer division will also be introducing its latest smart phone, recently launched in Europe, in India as well though the exact time line and the price are yet to be finalised, according to the company officials.