Huawei

Huawei

Huawei Technologies Co. Ltd. is a Chinese multinational networking and telecommunications equipment and services company headquartered in Shenzhen, Guangdong. It is the largest telecommunications equipment maker in the world, having overtaken Ericsson in 2012.

Huawei was founded in 1987 by Ren Zhengfei. At the time of its establishment Huawei was 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. In July 2010, Huawei was included in the Global Fortune 500 2010 list published by the U.S. magazine Fortune for the first time, on the strength of annual sales of US$21.8 billion and net profit of US$2.67 billion. In October 2013, Huawei has been selected by TDC A/S as a sole vendor to modernize the nationwide GSM/UMTS/LTE network in Denmark and provide managed services over a six year period. The value of the contract is over $700 million over the term of the agreement. Grameenphone Ltd. and Huawei won the Green Mobile Award at the GSMA Mobile Awards 2009. Huawei announced its Enterprise business in January, 2011 to provide network infrastructure, fixed and wireless communication, data center, and cloud computing solutions for global telecommunications customers. Huawei offers a variety of network technologies and solutions to help telecommunications operators expand the capacity of their mobile broadband networks.

Huawei also produces and sells a variety of devices under its own name, such as the IDEOS smartphones and tablet PCs. Recent products include U8800, U8860, E220, Ascend, U7519, Huawei Mercury M886, and U8150. In 2010, Huawei Devices shipped 120 million devices around the world. 30 million cell phones, of which 3.3 million units were smartphones, were shipped to markets such as Japan, the United States and Europe.