Huawei: Going global, to be the “Big Mac”

Published on September 7, 2010 by pizzahan | This story has been viewed 1,604 views

In 2009, Huawei Technologies Co. Ltd. has revenue 21.8 billion USD, an increase of 133%, what’s more commendable, more than 75% of which comes from overseas market. That really is a good example of “Going Global”. Who would ever thought that 23 years ago, Huawei was only a distributor with 14 employees and an initial registered capital of 21000 RMB.
Huwei’s story just reflected the history of Shenzhen SEZ–reforming and opening-up and innovating over the past 30years. Huawei’s founder Ren Zengfei realized that it’s hard to compete with TNCs if you don’t have your own technologies. So in the following 20 years, Ren Zhengfei focused on researching and developing core technology, which returned him a lot.
In 1994, Huawei launched C&C08 digital telephone switch successfully, with more than 100 million sales incomes. In 1998, Huawei became the largest telecommunications companies and began his global expansion.
In 1997, Huawei entered Russia, and the sales was more than 100 million USD by the year of 2001. In 2003, sales of Huawei in CIS countries was more than 300 million USD, which has made itself one of the biggest equipment suppliers in the market. After 2000, Huawei began to fully expand in other areas, including Southeast Asia, the Middle East, Africa and other regional markets, which results especially notable in Africa. In 2006, Huawei’s sales in southern Africa was more than one billion USD, as the South Africa’s second largest integrated equipment suppliers, the largest CDMA product provider, the largest supplier of NGN, the first major transmission products suppliers and third largest GSM supplier.

Shenzhen Post staff Hanna contributes to the story

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