Huawei says expects 2018 revenue at $109 billion, up 21 percent - chairman

HONG KONG (Reuters) - Huawei Technologies' [HWT.UL] rotating chairman Guo Ping said in his new year’s address that the Chinese tech giant's revenue in 2018 is expected to be $108.5 billion (85.8 billion pounds), up 21 percent year-on-year. Guo said Huawei has secured 26 5G contracts. Smartphone shipments in 2018 are expected to surpass 200 million units. Huawei is the world’s largest telecom equipment maker and the second largest smartphone seller. It has come under international pressure..