Huawei (officially Huawei Technologies Co. Ltd. ) is a Chinese multinational networking and telecommunications equipment and services company headquartered in Shenzhen, Guangdong, China. It is the largest China-based networking and telecommunications equipment supplier and the second-largest supplier of mobile telecommunications infrastructure equipment in the world (after Ericsson).
Huawei was founded in 1987 by Ren Zhengfei and is a private company owned by its employees. Its core activities are building telecommunications networks; providing operational and consulting services and equipment to enterprises; and manufacturing communications devices for the consumer market. Huawei has over 110,000 employees, around 46% of whom are engaged in research and development (R&D). It has 20 R&D institutes in countries including China, Germany, India, Russia, Sweden and the United States, and in 2010 invested CNY 16,556 million in R&D.
In 2010, Huawei recorded revenues of USD$28 billion. Its products and services have been deployed in more than 140 countries and it currently serves 45 of the world's 50 largest telecoms operators.