Huawei Globalisation Case Study
HUAWEI GLOBALISATION CASE STUDY (Sourced from: Donglin Wu and Fang Zhao, International Review of Business Research Papers, Vol.3 No.1. March 2007, Pp.183 – 196).
1. The Profile of Huawei
Huawei Technologies P/L was founded in 1988. It provides customized network solutions for telecom carriers around the world and specializes in research and technology development. It invests at least 10% of its annual sale volume in new product research and development.
Huawei's revenue in 2010 was approximately USD30 bil (see Figure 1 below). The bulk of sales are global though exact figures are not available as it is a privately held company. As an example, Huawei took 16% of the $78.56 billion in revenue in the global carrier-‐network-‐infrastructure market in 2010, ranking second behind the 20% share of Ericsson according to market research firm Gartner.
2. The Story going back to 1999 - 2006 Huawei started its overseas sales only in 1999 and by 2005 sales reached USD 8.2 billion, of which 58% came from international markets. Overseas sales have been doubling each year for the past five consecutive years. At the end of 2006, Huawei has over 61,000 employees,
1. The Profile of Huawei
Huawei Technologies P/L was founded in 1988. It provides customized network solutions for telecom carriers around the world and specializes in research and technology development. It invests at least 10% of its annual sale volume in new product research and development.
Huawei's revenue in 2010 was approximately USD30 bil (see Figure 1 below). The bulk of sales are global though exact figures are not available as it is a privately held company. As an example, Huawei took 16% of the $78.56 billion in revenue in the global carrier-‐network-‐infrastructure market in 2010, ranking second behind the 20% share of Ericsson according to market research firm Gartner.
2. The Story going back to 1999 - 2006 Huawei started its overseas sales only in 1999 and by 2005 sales reached USD 8.2 billion, of which 58% came from international markets. Overseas sales have been doubling each year for the past five consecutive years. At the end of 2006, Huawei has over 61,000 employees,