Home » Uncategorized » Huawei : an ascending trend surpassing other telecomm companies.

Huawei : an ascending trend surpassing other telecomm companies.

Huawei an ascending trend surpassing other telecomm companies. Huawei Technologies was set up in 1987 becoming China’s biggest provider on telecommunications industry. In 1997 was making $250M. In 1999, was established its first R&D in India. In 2000 it set up in Sweden and in 2001 in the US. By 2002, sales outside China hit $500M. Last year, revenues were $32billion, supported by 20B smartphones business. Nowadays, Huawei employs 140K+ people and has become the first vendor in S/H telecomm industry. Recently Huawei has won key contracts in Canada and New Zealand. In UK Huawei works closely with its intelligence agency GCHQ (UK Government Communications Headquarters)

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