Huawei

Huawei Technologies Co., Ltd.
Native name
华为技术有限公司
Huáwéi jìshù yǒuxiàn gōngsī
Company typePrivate
ISINHK0000HWEI11
Industry
Founded15 September 1987 (1987-09-15)
FounderRen Zhengfei
Headquarters,
Area served
Worldwide (except India)
Key people
Ren Zhengfei (CEO)
Liang Hua (chairman)
Meng Wanzhou (deputy chairwoman & CFO)
He Tingbo (Director)
Products
BrandsHuawei
Revenue CN¥862.1 billion (US$118.1 billion) (2024)
CN¥79.3 billion (US$10.8 billion) (2024)
CN¥62.5 billion (US$8.5 billion) (2024)
Total assets CN¥1,290.1 billion (US$176.8 billion) (2024)
Total equity CN¥544.6 billion (US$74.6 billion) (2024)
Number of employees
208,000 (2024)
ParentHuawei Investment & Holding
SubsidiariesCaliopa
Chinasoft International
FutureWei Technologies
HexaTier
HiSilicon
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"
Transcriptions
Standard Mandarin
Hanyu PinyinHuáwéi
IPA[xwǎ.wěɪ]
Yue: Cantonese
Yale RomanizationWàah-wàih
JyutpingWaa4-wai4
IPA[wa˩.wɐj˩]
Southern Min
Hokkien POJHôa-uî
Huawei Technologies Co., Ltd.
Simplified Chinese华为技术有限公司
Traditional Chinese華為技術有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinHuáwéi Jìshù Yǒuxiàn Gōngsī
Yue: Cantonese
Jyutpingwaa4 wai4 gei6 seot6 jau5 haan6 gung1 si1

Huawei Technologies Co., Ltd. ("Huawei" sometimes stylized as "HUAWEI"; /ˈhwɑːw/ HWAH-way; Chinese: 华为; pinyin: Huáwéi) is a Chinese multinational corporation and technology company headquartered in Longgang, Shenzhen, Guangdong. Its main product lines include telecommunications equipment, consumer electronics, electric vehicle autonomous driving systems, and rooftop solar power products. The company was founded in Shenzhen in 1987 by Ren Zhengfei, a veteran officer of the People's Liberation Army (PLA).

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. 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. As of 2024, Huawei's biggest area of business is in telecommunications equipment. Its largest customer is the Chinese government.

Amidst its rise, Huawei has been accused of intellectual property infringement, for which it has settled with 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 opposition 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 United States.

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 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 the center 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, 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.