Vestel has said that it expects to record a more than 20% year on year growth in turnover for 2014, reaching in excess of 7.5 billion Turkish lira (TL) ($3.1 billion). Domestic revenue is expected to reach more than TL2 billion ($831 million), representing 30% YoY growth, while export sales will account for around TL5.5 billion ($2.2 billion), up 20% on 2013.
The company recently launched its own smartphone range (as we reported from IBC & Gitex – Man. Ed.) and in 2015 is targeting domestic sales of around one million units.
