Native name | 华为技术有限公司 |
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Romanized name | Huáwéi jìshù yǒuxiàn gōngsī |
Company type | Private |
ISIN | HK0000HWEI11 |
Industry | |
Founded | 15 September 1987 |
Founder | Ren Zhengfei |
Headquarters | , |
Area served | Worldwide |
Key people | Ren Zhengfei (CEO) Liang Hua (chairman) Meng Wanzhou (deputy chairwoman & CFO) He Tingbo (Director) |
Products | |
Brands | Huawei |
Revenue | CN¥704.2 billion (US$99.6 billion) (2023)[1] |
CN¥104.4 billion (US$14.8 billion) (2023) | |
CN¥86.9 billion (US$12.3 billion) (2023)[2] | |
Total assets | CN¥1,263.6 billion (US$178.8 billion) (2023) |
Total equity | CN¥507.6 billion (US$71.8 billion) (2023) |
Number of employees | 207,272 (2023)[3] |
Parent | Huawei Investment & Holding[4] |
Subsidiaries | Caliopa Chinasoft International FutureWei Technologies HexaTier HiSilicon iSoftStone |
Website | www |
Huawei | |||||||||||||||||||||
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Simplified Chinese | 华为 | ||||||||||||||||||||
Traditional Chinese | 華為 | ||||||||||||||||||||
Literal meaning | "Splendid Achievement" or "Chinese Achievement" | ||||||||||||||||||||
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Huawei Technologies Co., Ltd. | |||||||||||||||||||||
Simplified Chinese | 华为技术有限公司 | ||||||||||||||||||||
Traditional Chinese | 華為技術有限公司 | ||||||||||||||||||||
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Huawei Technologies Co., Ltd. (/ˈhwɑːweɪ/ HWAH-way, /ˈwɑːweɪ/ WAH-way; Chinese: 华为; pinyin: ) is a Chinese multinational conglomerate technology corporation headquartered in Longgang District, Shenzhen, Guangdong province. It designs, develops, manufactures and sells digital telecommunications equipment, consumer electronics, smart devices, distributed operating systems, electric vehicle autonomous driving systems, and various rooftop solar products. The corporation was founded in 1987 by Ren Zhengfei, a former officer in the People's Liberation Army (PLA).[5]
Initially focused on manufacturing phone switches, Huawei has expanded to more than 170 countries to include building telecommunications network infrastructures, providing equipment, operational and consulting services, and manufacturing communications devices for the consumer market.[6] It overtook Ericsson in 2012 as the largest telecommunications equipment manufacturer in the world.[7] Huawei surpassed Apple and Samsung, in 2018 and 2020, respectively, to become the largest smartphone manufacturer worldwide.[8][9] As of 2024, Huawei's biggest area of business is in telecommunications equipment. Its largest customer is the Chinese government.[10]
Amidst its rise, Huawei has been accused of intellectual property infringement, for which it has settled with Cisco.[11] Questions regarding the extent of state influence on Huawei have revolved around its national champions role in China, subsidies and financing support from state entities,[12] and reactions of the Chinese government in light of opposition in certain countries to Huawei's participation in 5G.[13] Its software and equipment have been linked to the mass surveillance of Uyghurs and Xinjiang internment camps, drawing sanctions from the United States.[14][15][16]
The company has faced difficulties in some countries arising from concerns that its equipment may enable surveillance by the Chinese government due to perceived connections with the country's military and intelligence agencies.[12][17] Huawei has argued that critics such as the US government have not shown evidence of espionage.[18] Experts say that China's 2014 Counter-Espionage Law and 2017 National Intelligence Law can compel Huawei and other companies to cooperate with state intelligence.[19] In 2012, Australian and US intelligence agencies concluded that a hack on Australia's telecom networks was conducted by or through Huawei, although the two network operators have disputed that information.[20][21]
In January 2018, the United States alleged that its sanctions against Iran were violated by Huawei, which was subsequently restricted from doing business with American companies. The US government also requested the extradition of Huawei's chief financial officer from Canada. In June 2019, Huawei cut jobs at its Santa Clara research center, and in December Ren said it was moving to Canada.[22][23] In 2020, Huawei agreed to sell the Honor brand to a state-owned enterprise of the Shenzhen government to "ensure its survival" under US sanctions.[24] In November 2022, the Federal Communications Commission (FCC) banned sales or import of equipment made by Huawei out of national security concerns,[25] and other countries such as all members of the Five Eyes, Quad members India and Japan, and ten European Union states have since also banned or restricted Huawei products.[26][27][28][29][30]
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