Huawei serves 36 of the top 50 global telecommunications operators by providing leading-edge products, services and solutions. We have forged strategic partnerships with leading operators in developed as well as emerging markets.
Over the years, Huawei has maintained its record of steady growth and is recognized as one of the industry leaders today. Our solid financial condition has continued to lay the foundation for Huawei's consolidated partnership with operators, ensuring long-term value for all our customers.
Our products and services embrace radio access networks, All-IP broadband, core network, software, professional services and terminals. With all of our major products ranking among the top three in their category, we are able to serve customers with complete and competitive solutions.
In 2008, we established our leadership in LTE/SAE, SingleRAN, 40G/100G and SAE through the application of constant innovations in those technologies. These technological breakthroughs will help our customers create long-term competitive advantages.
Huawei has long been implementing world-class Integrated Product Development (IPD) and Integrated Supply Chain (ISC) programs. In 2008, we continued to optimize our business processes to ensure that Huawei fulfils its commitment to meeting customer demands and maximizing customer value.
We also continued to decentralize our organization to place essential decision-making in the hands of our offices in the various regions around the world. In this way, the people closest to our customers are able to mobilize the company's global resources to quickly and effectively respond to our customers' needs.