Huawei

Huawei
	Huawei wordmark since 2019
	Huawei's headquarters in Shenzhen
Native name	华为技术有限公司
Industry	telecommunications
Founded	1987
Headquarters	Shenzhen , People's Republic of China
Key people	Liang Hua (Chairman of the Board) Ren Zhengfei (CEO) Meng Wanzhou (Vice-chair, CFO) Zhou Daiqi (Party secretary)
Revenue	721,202,000,000 renminbi (2018)
Operating income	47,515,000,000 renminbi (2016)
Net income	37,052,000,000 renminbi (2016)
Total assets	443,634,000,000 renminbi (2016)
Number of employees	197,000 (2021)

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.[1]

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.[2][3]

References

"Exclusive: Did Huawei bring down Nortel? Corporate espionage, theft, and the parallel rise and fall of two telecom giants".
Shepardson, David; Freifeld, Karen (15 May 2019). "China's Huawei, 70 affiliates placed on U.S. trade blacklist". Reuters. Retrieved 15 June 2019.
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.

Other websites

Media related to Huawei at Wikimedia Commons
Official website

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[1] "Exclusive: Did Huawei bring down Nortel? Corporate espionage, theft, and the parallel rise and fall of two telecom giants".

[2] Shepardson, David; Freifeld, Karen (15 May 2019). "China's Huawei, 70 affiliates placed on U.S. trade blacklist". Reuters. Retrieved 15 June 2019.

[3] 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.