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HUAWEI is a global information and communication technology (ICT) solutions p...
HUAWEI is a global information and communication technology (ICT) solutions provider that focuses on ICT infrastructure, smart devices, and services. The company was founded in 1987 by Ren Zhengfei and is headquartered in Shenzhen, Guangdong Province, China. HUAWEI is the world's largest telecommunications equipment manufacturer and the second-largest smartphone manufacturer, behind Samsung Electronics and ahead of Apple Inc.In 2019, HUAWEI's revenue exceeded ¥100 billion ($14.6 billion), with a net profit margin of 8.9%. In the same year, the company was the top ICT solutions provider in China with a market share of 26.7%, ahead of its closest competitors, ZTE Corporation and Ericsson AB. HUAWEI has operations in over 170 countries and regions around the world, serving more than three billion people.HistoryHUAWEI was founded as a private company in 1987 by Ren Zhengfei, a former engineer in the People's Liberation Army of China. The company's initial focus was on providing custom-built private branch exchange (PBX) switches for telecommunications operators in China. In the early years, HUAWEI's PBX switches were regarded as low-quality knockoffs of foreign competitors and were primarily sold domestically in rural and remote areas of China. However, the company gradually established itself as a supplier of reliable, high-quality telecommunications equipment with its continuous innovation and competitive pricing.In the mid-1990s, HUAWEI began to expand its operations overseas, initially targeting emerging markets in Asia, Africa, and Latin America. The company gradually increased its sales and presence in these regions, overcoming initial skepticism and establishing a strong reputation for its reliable, cost-effective solutions. In the early 2000s, HUAWEI started to gain market share in developed markets such as Europe and the United States by offering advanced telecommunications equipment and services.In recent years, HUAWEI has diversified its product portfolio and expanded into new areas such as smartphones, cloud computing, and artificial intelligence (AI). The company has also made significant investments in research and development (R&D) to develop cutting-edge technologies such as 5G, AI, and silicon chip manufacturing.Products and ServicesICT InfrastructureHUAWEI's ICT infrastructure business focuses on providing a range of telecommunications equipment and solutions for fixed-line and wireless networks. This includes optical transport, fixed access, core network, radio access, and microwave transmission solutions. The company is a leading supplier of 5G network equipment and has a significant share of the global market for 5G base stations. In addition, HUAWEI is one of the few companies globally that can provide end-to-end 5G solutions for networks around the world.Smart DevicesHUAWEI's smart devices business focuses on smartphones, tablets, wearables, and other consumer electronics products. The company's smartphone division is the world's second-largest behind Samsung Electronics and ahead of Apple Inc., with a market share of around 15%. HUAWEI's smartphones are known for their high-quality cameras, long battery life, and innovative features such as AI processing capabilities. In addition to smartphones, the company also offers tablets, wearables, and other consumer electronics products such as laptops and smart home devices.Cloud Computing and AIHUAWEI has expanded into cloud computing and AI services in recent years, offering a range of infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) solutions. The company has built a global network of data centers that provide cloud services for enterprises and governments around the world. HUAWEI's AI services are mainly focused on natural language processing, computer vision, and machine learning applications that are integrated into its products and services.Enterprise BusinessHUAWEI's enterprise business focuses on providing ICT solutions for enterprises across various industries such as finance, energy, healthcare, transportation, and manufacturing. The company offers a range of enterprise-grade network solutions, data center solutions, enterprise Mobility Management (EMM), enterprise-grade security solutions, device management solutions, enterprise information management (EIM) solutions, cloud phone services for enterprises and government agencies around the world. In addition to its enterprise-grade solutions portfolio HUAWEI also provides managed services for EnterprisesIT environments aimed at simplifying their complexities improving their efficiency while reducing costs.Global OperationsHUAWEI has operations in over 170 countries and regions around the world.