Huawei

Chinese multinational technology company

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]

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; 36 years ago (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
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]
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

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

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