Huawei, ZTE and Haier Rank Top 3 for Software Income-Business

Huawei Technologies topped the country's domestic enterprises in terms of income generated from software business in 2006, reporting 29.778 billion yuan (3.9 billion U.S. dollars).

Huawei was followed by ZTE with 13.44 billion yuan and Haier with 8.106 billion yuan.

The result was jointly released by the National Bureau of Statistics and Ministry of Information Industry (MII) on Wednesday along with a list of top 100 software companies.

Others among the top ten are Digital China, Zhejiang-based INSIGMA Technology, Panda Electronics Group Company Ltd., Founder Group, Tsinghua Tongfang, Alcatel Shanghai Bell, and Langchao Electronic Information Industry Co. Ltd.

Among the 100 top companies, 12 enjoyed a profit margin of more than 20 percent, and 35 companies secured a profit margin of more than 10 percent, said an MII official.

The total revenue of the top 100 software enterprises reached 143.76 billion yuan in 2006, up 27.5 percent over the previous batch of top 100, and accounted for 30 percent of the total revenue of domestic software industry.

Business revenue of the top ten software enterprises took up 54.5 percent of the total from the top 100.