Huawei
…Huawei…
Huawei Technologies Co., Ltd. is a Chinese multinational technology company headquartered
in Shenzhen, Guangdong. It designs, develops, and
sells telecommunications
equipment and consumer electronics.
The company was founded in 1987 by Ren Zhengfei, a former Deputy Regimental Chief
in the People's
Liberation Army.] Initially
focused on manufacturing phone switches,
Huawei has expanded its business to include building telecommunications
networks, providing operational and consulting services and
equipment to enterprises inside and outside of China, and manufacturing
communications devices for the consumer market. Huawei has over 194,000
employees as of December 2019.
Huawei has deployed its products and services in more than 170
countries and areas.[9] It overtook Ericsson in 2012 as the largest
telecommunications equipment manufacturer in the world, and overtook Apple in 2018 as the second-largest
manufacturer of smartphones in the
world, behind Samsung Electronics.
In 2018, Huawei reported that its annual revenue was US$108.5 billion. In
July 2020, Huawei surpassed Samsung and Apple to become the top smartphone brand
(in number of phones shipped) in the world for the first time. This was
primarily due to a drop in Samsung's global sales in the second quarter of
2020, owing to the impact of the COVID-19 pandemic.
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