FarEasTone (4904) posted an annual growth rate of 10.51% on net income for the first half of 2014. Company operations are steady and robust with enterprise and international business units performing especially well while territory and market share of enterprise clients continued to expand. FarEasTone will continue focusing on 4G cloud business opportunities and move towards a target of 15% annual revenue growth from enterprise clients.
FarEasTone stated, the most critical factor for the company is reaping the rewards of cloud and mobile application product cultivation begun in 2010. Coupled with cloud server and wireless mobile internet development, close to 1,000 businesses have chosen to utilize FarEasTone solutions. Many companies have also commissioned FarEasTone to jointly produce dedicated Apps which add new revenue growth momentum to enterprise clients.
To welcome the new 4G era and accelerate 2014 revenue momentum, FarEasTone held a “hybrid cloud for enterprises situational experience gathering” event in April and introduced a “Bring Your Own Device (BYOD) experience center” in May. These two experience activities have since ended resulting in a total of 211 companies including investment, electronics, and service businesses participating in the trial use of the hybrid cloud.