Huawei's global contract sales for 2006 reached US$11 billion (a 34% increase from 2005), 65% of which came from overseas markets.[88][89] By the end of 2008, global contract sales of Huawei Technologies, China's largest telecoms gear maker, jumped 46 percent to US$23.3 billion.[90] Huawei experienced sales exceeding US$30 billion in 2009,[90][91] and global sales increased by 24 percent to 185.2 billion yuan in 2010.[92]