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)
Huawei : an ascending trend surpassing other telecomm companies.