Huawei Technology Co., Ltd. was established in 1987 and is headquartered in Longgang District, Shenzhen City, Guangdong Province. [1] In 2021, Huawei's total revenue was 636.8 billion yuan and net profit reached 113.7 billion yuan. Huawei is a leading global provider of information and communication technology (ICT) solutions, focusing on the ICT field. It adheres to stable operation, continuous innovation, and open cooperation, and has built end-to-end solution advantages in telecom operators, enterprises, terminals, and cloud computing. It provides competitive ICT solutions, products, and services for operator customers, enterprise customers, and consumers, and is committed to achieving the future of the information society Build a better fully connected world.
On June 6, 2017, the "2017 BrandZ Top 100 Most Valuable Global Brands" announced that Huawei ranked 49th. On July 22, 2019, the latest issue of the Fortune Global 500 list was released by the US magazine, with Huawei ranking 61st. Huawei ranked sixth in the 2018 "China's 500 Most Valuable Brands". [4] On December 18th, the "2018 World Top 500 Brands" was announced, and Huawei ranked 58th. [5]
In February 2018, Vodafone and Huawei completed the first 5G call test [6]. On August 9, 2019, Huawei officially released the Hongmeng system; [7] On August 22, the 2019 Top 500 Private Enterprises of China announced that Huawei Investment Holding Co., Ltd. ranked first with a revenue of 721.2 billion yuan; [8] On December 15th, Huawei received the first batch of honors for the "2019 China Brand Power Ceremony Annual Honorary Brand". [9-10]
On August 3, 2022, Fortune released its list of Fortune 500 companies, with Huawei ranking 96th. [11] Ranked first among the top 500 private enterprises in China in 2020.
On November 17, 2020, Huawei Investment Holding Co., Ltd. sold its Honor business assets as a whole. For the glory after delivery, Huawei does not hold any shares, nor does it participate in business management and decision-making. In the first half of 2022, Huawei achieved sales revenue of 301.6 billion yuan [249].