10 Things you should know about Huawei

Huawei is a brand founded by Ren Zhengfei. Here are 10 Things you should know about Huawei.

1. Huawei Technologies Co., Ltd. is a Chinese multinational technology company headquartered in Shenzhen, Guangdong.
2. It designs, develops, and sells telecommunications equipment and consumer electronics.
3. The company was founded in 1987 by Ren Zhengfei, a former Deputy Regimental Chief in the People’s Liberation Army.
4. 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.
5. Huawei has over 194,000 employees as of December 2019.
6. Huawei has deployed its products and services in more than 170 countries.
7. 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.
8. In December 2019, Huawei reported that its annual revenue had risen to $121.72 billion US dollars in 2019.
9. Although successful internationally, Huawei has faced difficulties in some markets, due to claims of undue state support, links to the People’s Liberation Army, and cybersecurity concerns that Huawei’s infrastructure equipment may enable surveillance by the Chinese government.
10. With the development of 5G wireless networks, there have been calls from the U.S. and its allies to not do any kind of business with Huawei or other Chinese telecommunications companies such as ZTE.