Huawei

Huawei Technologies Co., Ltd. (/ˈhwɑːw/ HWAH-way; Chinese: 华为; pinyin: Huáwéi) is a Chinese multinational technology corporation headquartered in Shenzhen, Guangdong. It designs, develops, manufactures and sells telecommunications equipment, consumer electronics, smart devices and various rooftop solar products. The corporation was founded in 1987 by Ren Zhengfei, a former officer in the People's Liberation Army (PLA).

Huawei Technologies Co., Ltd.
Native name
华为技术有限公司
Huáwèi jìshù yǒuxiàn gōngsī
Company typePrivate
ISINHK0000HWEI11
Industry
Founded15 September 1987 (1987-09-15)
FounderRen Zhengfei
Headquarters,
Area served
Worldwide
Key people
Ren Zhengfei (CEO)
Liang Hua (chairman)
Meng Wanzhou (deputy chairwoman & CFO)
He Tingbo (Director)
Products
BrandsHuawei
Revenue CN¥705 billion (US$99 billion) (2022)
47,515,000,000 renminbi (2016) 
CN¥60.1 billion (US$8.7 billion) (2022)
Total assets CN¥876.854 billion (US$140 billion) (2022)
Number of employees
207,000 (2023)
ParentHuawei Investment & Holding
SubsidiariesCaliopa
Chinasoft International
FutureWei Technologies
HexaTier
HiSilicon
iSoftStone
Websitewww.huawei.com
Huawei
"Huawei" in Simplified (top) and Traditional (bottom) Chinese characters
Simplified Chinese华为
Traditional Chinese華為
Literal meaning"Splendid Achievement" or "Chinese Achievement"
Huawei Technologies Co., Ltd.
Simplified Chinese华为技术有限公司
Traditional Chinese華為技術有限公司

Initially focused on manufacturing phone switches, Huawei has expanded to more than 170 countries to include building telecommunications networks, providing operational and consulting services and equipment, and manufacturing communications devices for the consumer market. It overtook Ericsson in 2012 as the largest telecommunications equipment manufacturer in the world. Huawei surpassed Apple and Samsung, in 2018 and 2020, respectively, to become the largest smartphone manufacturer worldwide. Amidst its rise, Huawei has been accused of intellectual property infringement, for which it has settled with companies like Cisco.

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, and reactions of the Chinese government in light of oppositions in certain countries to Huawei's participation in 5G. Its software and equipment have been linked to the mass surveillance of Uyghurs and Xinjiang internment camps, drawing sanctions from the US.

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. Huawei has argued that critics such as the US government have not shown evidence of espionage. 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. 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.

In the midst of a trade war between China and the United States, the US government alleged that Huawei had violated sanctions against Iran and restricted it from doing business with American companies. In June 2019, Huawei cut jobs at its Santa Clara research center, and in December Ren Zhengfei said it was moving to Canada. 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. In November 2022, the Federal Communications Commission (FCC) banned sales or import of equipment made by Huawei out of national security concerns. Other countries such as the Quad members India, Japan, Five Eyes member states and ten European Union states have also banned or restricted Huawei products.

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