Huawei

Huawei Technologies Co., Ltd.

Headquarters in Shenzhen, Guangdong, China
Native name	华为技术有限公司
Romanized name	Huáwèi jìshù yǒuxiàn gōngsī
Company type	Private
ISIN	HK0000HWEI11
Industry	Consumer electronics Telecom equipment Networking equipment Semiconductors Artificial intelligence Automation Cloud computing Internet of things
Founded	15 September 1987; 37 years ago (1987-09-15)
Founder	Ren Zhengfei
Headquarters	Shenzhen , China
Area served	Worldwide
Key people	Ren Zhengfei (CEO) Liang Hua (chairman) Meng Wanzhou (deputy chairwoman & CFO) He Tingbo (Director)
Products	Mobile and fixed broadband networks Consultancy and managed services Multimedia technology Smartphones Tablet computers Dongles Smart TV HIMA AITO HarmonyOS EulerOS
Brands	Huawei
Revenue	CN¥642.3 billion (US$87.8 billion) (2022)[1]
Operating income	47,515,000,000 renminbi (2016)
Net income	CN¥35.6 billion (US$5.2 billion) (2022)
Total assets	CN¥876.854 billion (US$140 billion) (2022)
Number of employees	207,000 (2023)[2]
Parent	Huawei Investment & Holding[3]
Subsidiaries	Caliopa Chinasoft International FutureWei Technologies HexaTier HiSilicon iSoftStone
Website	www.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"
Transcriptions Standard Mandarin Hanyu Pinyin Huáwéi IPA [xwǎ.wěi] (listen) Yue: Cantonese Yale Romanization Wàah-wàih IPA [wȁː.wɐ̏i] Jyutping Waa4-wai4 Southern Min Hokkien POJ Hôa-uî
Huawei Technologies Co., Ltd.
Simplified Chinese	华为技术有限公司
Traditional Chinese	華為技術有限公司
Transcriptions Standard Mandarin Hanyu Pinyin Huáwéi Jìshù Yǒuxiàn Gōngsī Yue: Cantonese Jyutping waa4 wai4 gei6 seot6 jau5 haan6 gung1 si1

Huawei Technologies Co., Ltd. (/ˈhwɑːˌweɪ/; Chinese: 华为; [xwǎ.wèi] (listen)) 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]

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]

1. ↑ Kharpal, Arjun (31 March 2023). "Huawei reports biggest profit decline ever as U.S. sanctions, pandemic controls hit Chinese giant". CNBC. Archived from the original on 5 September 2023. Retrieved 19 October 2023.
2. ↑ "Huawei Annual Report 2022". Huawei. Archived from the original on 3 April 2023. Retrieved 4 April 2023.
3. ↑ Zhong, Raymond (25 April 2019). "Who Owns Huawei? The Company Tried to Explain. It Got Complicated". The New York Times. Archived from the original on 23 May 2019. Retrieved 22 May 2019.
4. ↑ "Exclusive: Did Huawei bring down Nortel? Corporate espionage, theft, and the parallel rise and fall of two telecom giants".
5. ↑ Shepardson, David; Freifeld, Karen (15 May 2019). "China's Huawei, 70 affiliates placed on U.S. trade blacklist". Reuters. Retrieved 15 June 2019.
6. ↑ Webster, Graham (18 May 2019). "It's not just Huawei. Trump's new tech sector order could ripple through global supply chains". The Washington Post. Retrieved 15 June 2019.