MessagefromHuaweiEMTDearColleagues:In2007,HuaweirealizedglobalcontractsalesofUSD16billion,anincreaseof45%over2006.Internationalmarketsaccountedfor72%ofallsalesrevenues.Huaweiachievedgrowthofmorethan150%indevelopedmarketssuchasEurope,theUnitedStatesandJapan,whilemaintainingstronggrowthmomentuminemergingmarketsincludingtheAsia-Pacificregion,LatinAmerica,theMiddleEastandNorthAfrica.Backedbyseveralyearsofsteadygrowth,Huaweihasnowbecomeanundisputedindustryleader.Forthissuccess,wegratefullycreditourcustomers,ourpartnersandouremployees.Thankyouallforyourlong-termtrustandunflaggingsupport.Theworld,aswellastheinformationindustryitselfisbecomingincreasinglyflatterasaresultoffastevolvinginformationtechnologies.Blurringinitialborders,telecomnetworks,Internet,digitalmediaandconsumerelectronicsindustryarerapidlyconverginginthesamedirection.Thistrendexposestheconventionaltelecomindustrytounprecedentedchallengesandforcesoperatorstoreconsiderandtransformtheirbusinessoperatingmodelsinordertomaintainpositionintheindustrychain.All-IPbasedFMChasbecometheconsensusamongmostoperatorsasthesolutionforcontinuedtransformation.All-IParchitectureandconvergenceacrosseverynetworklayerwillhelpoperatorssimplifynetworkstructure,savetransmissionandoperatingcostsandenableawidevarietyofinnovativeapplications.Enduserswillbeabletoenjoyconsistentcommunicationexperiencesanytime,anywhereviaanyterminal.Indevelopedmarkets,moreandmoreconvergencebasedservicesaremarketedeverymonth.Operatorshopetogainnewrevenuestreamsthroughdevelopingall-IPbroadbandserviceswhileenhancingprofitabilitythroughoptimizingcompetitivecoststructures.Meanwhile,inmanyemergingmarkets,billionsofpeoplearestillunabletoaccessbasiccommunicationservices.OperatorsarefocusingonrapidcoverageoflowARPU(AverageRevenuePerUser)areas.Tosucceedinthisnewindustryenvironment,ademonstratedreliableequipmentsupplypartner,capableofensuringfuture-orientedtransformationandprovidingontargetsolutionsbasedondeepunderstandingofrealworldchallenges,becomesessential.