Huawei is headquartered in Longgang District, Shenzhen, Guangdong Province, China. Huawei was founded in 1987 with President Ren Zhengfei and Chairman Sun Yafang. It is the world's leading ICT (information and communications) infrastructure and intelligent terminal provider, specializing in the ICT field, Huawei's main business scope is switching, transmission, wireless and data communications category of telecommunication products, in the field of telecommunication to provide customers around the world with network equipment, services and solutions.

Expanded profile:

Huawei's four stages of development

1, "survival" for the purpose of the entrepreneurial stage

1987, the early stage of Huawei's entrepreneurship is also faced with a lack of capital, lack of market. The situation of lack of capital and lack of market. Ren Zhengfei, through his own contacts, Huawei and a Hong Kong company producing switches to get in touch with the company, became its agent. For the lack of market, he seized the opportunity and chose to cooperate with various local postal systems to set up a new company.

Through contact with postal enterprises, capital was raised in the form of equity participation by employees of postal enterprises. The staff of each local postal system became Huawei's customers, and Huawei's market thus opened. As for funding, Huawei sold its joint ventures at a later stage and had enough savings.

And Huawei's internal employee ownership program improved its internal financing. Under Huawei's sustained profitability, the shares held by employees continue to increase, to a certain extent, stabilized the hearts and minds of the people, and safeguarded the technology.

2. The second stage of entrepreneurship with the goal of "internationalization"

Due to the limitations of the industry and the disadvantages of the internal management mechanism, which constrained Huawei's development prospects, Huawei was plunged into the biggest predicament since its founding. In the face of the difficulties encountered, Huawei has been continuously exploring and choosing a path suitable for the development of the enterprise. First, in the product development stage, from the original monolithic production to integrated production, covering a wider range.

Secondly, in terms of market selection, Huawei has switched from relying on the domestic market only to developing both the domestic and international markets together, and gradually sells its products to the markets of developed regions. In the internal management, the use of "two-dimensional matrix" organizational structure, so that even with the leadership of the higher authorities, but also has full independence and autonomy, to achieve independent operation and accounting. It mobilizes the enthusiasm of the staff and facilitates the training of the management.

3, "business model transformation" as the core of the change stage

Huawei has gone through "two ventures", gradually from the initial simple product transactions, and gradually expanded to business diversification. Huawei's product research and development is guided by the needs of its customers. The company's flexible strategy has enabled Huawei to increase its competitiveness in both the domestic and international markets by keeping pace with changes in the market. Changes and adjustments to the internal management structure have improved the efficiency of the organization's operations and accelerated decision-making to better promote the development of the company.

4. Transformation Stage Pursuing "Cloud Computing"

With the development of information technology, the world is entering the era of cloud computing and big data. Customers are demanding higher and higher data processing speeds. At this stage, Huawei focuses on "cloud integration" research. Huawei helps customers build and structure cloud data networks and realize network business services. Combined with the times, change as a means, so that Huawei has a more powerful strength.

Baidu Encyclopedia - Huawei Technologies Co.