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Huawei Technologies Co. Ltd.

Huawei Technologies Co. Ltd.
Native name
华为技术有限公司
Private, employee-owned
Industry Telecommunications equipment
Networking equipment
Semiconductor
Founded 1987; 30 years ago (1987)
Founder Ren Zhengfei
Headquarters Shenzhen, Guangdong, China
Area served
Worldwide
Key people
Ren Zhengfei (CEO)
Sun Yafang (Chairwoman)
Sabrina Meng (CFO)
Products Mobile and fixed broadband networks, consultancy and managed services, multimedia technology, smartphones, tablet computers, dongles
Revenue IncreaseCN¥521.574 billion (2016)
Increase US$75.103 billion (2016)
Increase CN¥47.515 billion (2016)
Increase US$6.842 billion (2016)
Profit Increase CN¥37.052 billion (2016)
Increase US$5.335 billion (2016)
Total assets Increase CN¥443.634 billion (2016)
Increase US$63.880 billion (2016)
Total equity Increase CN¥140.133 billion (2016)
Increase US$20.178 billion (2016)
Owner Employee-owned corporation
Number of employees
~180,000 (2016)
Subsidiaries HiSilicon
Website www.huawei.com
Huawei Technologies Co. Ltd.
Simplified Chinese 华为技术有限公司
Traditional Chinese 華為技術有限公司
Literal meaning Huawei Technology Limited Company
Huawei
Simplified Chinese 华为
Traditional Chinese 華為
Literal meaning Splendid/Chinese Action/Achievement

Huawei Technologies Co. Ltd. (/ˈhwɑːˌw/; pinyin: About this sound Huáwéi) is a Chinese multinational networking and telecommunications equipment and services company headquartered in Shenzhen, Guangdong. It is the largest telecommunications equipment manufacturer in the world, having overtaken Ericsson in 2012.

Huawei was founded in 1987 by Ren Zhengfei, a former engineer in the People's Liberation Army. At the time of its establishment, Huawei focused on manufacturing phone switches, but has since 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 170,000 employees as of September 2015, around 76,000 of whom are engaged in research and development (R&D). It has 21 R&D institutes in countries including China, the United States,Canada, the United Kingdom,Pakistan, Finland, France, Belgium, Germany, Colombia, Sweden, Ireland, India,Russia, Israel, and Turkey, and in 2014, the company invested $6.4 billion USD in R&D, up from $5 billion USD in 2013.


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