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Huawei Technologies Co., Ltd.
Native name
Huáwèi jìshù yǒuxiàn gōngsī
Company typePrivate
Founded15 September 1987; 36 years ago (1987-09-15)
FounderRen Zhengfei
Area served
Key people
Ren Zhengfei (CEO)
Liang Hua (chairman)
Meng Wanzhou (deputy chairwoman & CFO)
He Tingbo (Director)
RevenueIncrease CN¥642.3 billion (US$87.8 billion) (2022)[1]
47,515,000,000 renminbi (2016) Edit this on Wikidata
Increase CN¥35.6 billion (US$5.2 billion) (2022)
Total assetsIncrease CN¥876.854 billion (US$140 billion) (2022)
Number of employees
207,000 (2023)[2]
ParentHuawei Investment & Holding[3]
Chinasoft International
FutureWei Technologies
"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

Huawei Technologies Co., Ltd. (/ˈhwɑːˌweɪ/; Chinese: 华为; [xwǎ.wèi] (audio speaker iconlisten)) is a Chinese multinational telecommunications equipment and consumer electronics company based in Shenzhen, Guangdong, South China. It was founded by Ren Zhengfei in 1987.[4]

The name Huawei may be translated as "splendid act" or "China is able"; Hua can mean "splendid" or "China", while wei can mean "action" or "achievement".

Huawei has had a lot of problems in some countries. They have mainly had problems with the United States government. The US government said that the Chinese government could use Huawei's 5G technology to spy on people. Because of this, the US government does not want other countries to use technology by Huawei or ZTE. In May 2019, the US government put Huawei on a blacklist. This meant that Huawei could not do business with American companies.[5][6]

References[change | change source]

  1. Kharpal, Arjun (31 March 2023). "Huawei reports biggest profit decline ever as U.S. sanctions, pandemic controls hit Chinese giant". CNBC. Archived from the original on 5 September 2023. Retrieved 19 October 2023.
  2. "Huawei Annual Report 2022". Huawei. Archived from the original on 3 April 2023. Retrieved 4 April 2023.
  3. Zhong, Raymond (25 April 2019). "Who Owns Huawei? The Company Tried to Explain. It Got Complicated". The New York Times. Archived from the original on 23 May 2019. Retrieved 22 May 2019.
  4. "Exclusive: Did Huawei bring down Nortel? Corporate espionage, theft, and the parallel rise and fall of two telecom giants".
  5. Shepardson, David; Freifeld, Karen (15 May 2019). "China's Huawei, 70 affiliates placed on U.S. trade blacklist". Reuters. Retrieved 15 June 2019.
  6. Webster, Graham (18 May 2019). "It's not just Huawei. Trump's new tech sector order could ripple through global supply chains". The Washington Post. Retrieved 15 June 2019.

Other websites[change | change source]