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Sunday, June 2, 2024

Rise of Chinese language Telecoms Firm Huawei


  • Huawei, a Chinese language telecommunications firm, has grow to be one of many world’s greatest tech names.
  • It began off manufacturing tools earlier than venturing into smartphones and extra.
  • Here is the way it rose to compete with tech titans like Apple.

Huawei has grow to be one of many world’s greatest, most controversial tech firms over almost 40 years.

The Chinese language tech large began as one of many world’s main networking tools producers, making gadgets reminiscent of base stations, routers, modems, and switches that present telephone service and web entry worldwide.

It has expanded its product line to incorporate wearable units and, most notably, smartphones, which have grow to be a significant competitor to Apple’s iPhone in China.

The corporate had about 207,000 staff as of 2023 and operates in over 170 nations and areas. In the identical yr, Huawei hit almost $100 billion in income and greater than $12 billion in revenue.

Ren Zhengfei, the CEO and founding father of Huawei, got here from humble beginnings however was value $1 billion as of 2022, in response to Forbes.

Nonetheless, the corporate has been mired in controversy, with the US accusing the Chinese language firm of stealing commerce secrets and techniques.

Here is how a tiny IT expertise agency in China grew to become a rival to Apple — and have become seen as a nationwide safety menace in components of the world.



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