|Headquarters||Shenzhen, Guangdong, China|
|Member of||Centre for European Policy Studies/Corporate Members, World Economic Forum/Strategic Partners|
|Chinese multinational telecommunications company. Not owned by the Western Money Trust.|
In October 2019, market researcher Canalys reported:
- “This is Huawei’s sixth consecutive quarter of double-digit growth amid a gloomy China market.”
The company posted 66% annual growth, reaching a staggering 42% smartphone market share.
Huawei has deployed its products and services in more than 170 countries, and in 2011 it served 45 of the 50 largest telecom operators. Huawei overtook Ericsson in 2012 as the largest telecommunications-equipment manufacturer in the world, and overtook Apple in 2018 as the second-largest manufacturer of smartphones in the world, behind Samsung. It ranks 72nd on the Fortune Global 500 list.
Ren Zhengfei, a former engineer in the Chinese People's Liberation Army, founded Huawei in 1987. At the time of its establishment, Huawei focused on manufacturing phone switches, but has since expanded to include building telecommunications networks, providing operational and consulting services and equipment to enterprises inside and outside of China, and manufacturing communications devices for the consumer market. Huawei had over 170,000 employees in 2017 around 76,000 of them engaged in research and development (R&D). It has 21 R&D institutes in countries including China, the United States, Canada, the United Kingdom, Pakistan, Finland, France, Belgium, Germany, Colombia, Sweden, Ireland, India, Russia, Israel, and Turkey. By 2017 the company invested US$13.8 billion in R&D, up from US$5 billion in 2013.
The company will dedicate 20-30 percent of R&D funding to basic science research, up from its previous 10 percent, and increase R&D funding to at least US$15 billion annually, according to the official company statement in November 2018. CNBC reported that Huawei's revenue in 2018 will exceed 100 billion US dollars for the first time.
Pulling out of US market
Although successful internationally, Huawei has faced difficulties and cybersecurity concerns selling in some markets (such as the United States), over allegations that its equipment may contain backdoors that could enable unauthorised surveillance by the Chinese government and by the People's Liberation Army (citing, in particular, its founder having previously worked for the Army). While the company has argued that its products posed "no greater cybersecurity risk" than those of any other vendors, Huawei stated in April 2018 that it would largely pull out of the US market, due to the scrutiny having impacted its activity.
Arrested in Canada
|Document:'Poor Canada': Will Meng Wanzhou extradition hearing threaten national interest||Article||3 May 2019||Jason Proctor||The UK's Nick Vamos said he has discussed the Meng Wanzhou case with Canadian counterparts and has been following it with interest: "If nothing else, it's keeping the world of extradition experts entertained."|
|Document:5G Trade Wars: the US Empire Strikes Back||Article||16 May 2019||George Kerevan||The global 5G marketplace in the control of private monopoly capitalism will result in something akin to Orwell’s 1984 nightmare. That will turn every man, woman and child on the planet into a consumer automaton monitored continuously by big business.|
|Document:Canada Takes A Hostage: Free Meng Wanzhou||Article||8 December 2018||Christopher Black||Canadians should be angry about these traitors isolating Canada from China, from Russia, from Iran and their great cultures, and condemning Canada to be nothing more than an outpost of the American empire. For traitors they are as they betray the Canadian people by serving the interests of the Americans and their war machine. Free Meng Wanzhou, for so long as she is held hostage, so are we all.|
|Document:Huawei Hypocrisy||blog post||7 May 2019||Craig Murray||Former Deputy PM Nick Clegg said GCHQ's ability "to hack anything from handsets to whole networks … needs to be much better understood".|
|Document:Huawei’s phone business would be decimated without Google’s Android||Article||20 May 2019||Vlad Savov||A resolution to the ongoing trade dispute between the US and China is now more urgent than ever. However, China is unlikely to react positively to the bullying tactics of the US. And that means Huawei’s phone business may be in limbo for a while yet.|
- "Huawei Shoots Up 66% As Apple Plummets: China Has Given Its Blacklist Verdict"