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Company profile · Technology

Huawei

华为技术有限公司

Huawei is China's largest technology company: the world's biggest maker of telecom network equipment, a top smartphone brand in China with its own HarmonyOS and Kirin chips despite US sanctions, and a growing force in cloud, AI chips, electric-vehicle systems and enterprise networks.

Private, employee-owned through a union-held shareholding; not listedFounded 1987Shenzhen, Guangdong

Key facts

Revenue
862.1 billion yuan(as of 2024)[1]
Net profit
62.6 billion yuan(as of 2024)[1]
Employees
About 208,000(as of 2024)[1]
US Entity List
Since 16 May 2019[2]

Overview

Ren Zhengfei founded Huawei in Shenzhen in 1987 as a reseller of telephone switches; it grew into the world's largest supplier of mobile-network equipment, a top-three smartphone maker, and an employee-owned group of more than 200,000 people with research centres worldwide. The US Entity List designation of May 2019 cut it off from American chips, Google's Android services and advanced foundry access; sales fell, the Honor smartphone brand was sold, and the company rebuilt around its own HarmonyOS, Kirin chips fabricated in China, Ascend AI accelerators, Huawei Cloud, and the automotive business that supplies driving systems and brands (AITO, Luxeed, Stelato) with car makers. Revenue recovered to a record 862.1 billion yuan in 2024.

For foreign companies Huawei is a network vendor excluded from some Western markets, a cloud and AI vendor inside China, a smartphone competitor, and — through its automotive and industrial units — a supplier and partner in electric vehicles and factory digitalisation.

Market position

Largest telecom equipment vendor worldwide and the leading network, cloud and AI infrastructure supplier in China; number one or two in Chinese smartphones again since 2023. Excluded or restricted in the United States, the UK, Australia, Japan and parts of the EU for network equipment.

Key strengths

  • Telecom network equipment leadership
  • HarmonyOS, Kirin and Ascend: an independent software and chip stack
  • Huawei Cloud and AI models (Pangu)
  • Automotive systems and smart-driving partnerships
  • Very large research and development spending

What the company does

Carrier networks

  • 5G and 5G-Advanced radio and core networks
  • Optical and IP transport

Consumer devices

  • Smartphones, tablets, watches, PCs on HarmonyOS
  • Smart-home devices

Enterprise and cloud

  • Huawei Cloud
  • Enterprise networking, storage, data centres
  • Ascend AI computing

Automotive

  • Intelligent driving and cockpit systems
  • HIMA brand alliance (AITO, Luxeed, Stelato, Maextro)

Present in about 170 countries. Regions: China, Asia, Middle East, Africa, Latin America, Europe (restricted). Network business strongest in Asia, the Middle East, Africa and Latin America after Western restrictions.

For a foreign counterparty

Technology depth
A full stack from chips to cloud that few companies own, with R&D spending among the highest of any company.
Price and speed in emerging markets
Network and cloud deals in markets outside Western restrictions.
Automotive partnerships
Driving and cockpit systems adopted by several Chinese car makers.

Considerations

US and allied sanctions
On the US Entity List since May 2019 with foreign direct product rules; equipment banned or restricted in the US, UK, Australia, Japan and several EU states. Any counterparty must check export-control exposure.
No public accounts
As an unlisted company Huawei publishes audited annual reports but is not subject to exchange disclosure; ownership is through an employee shareholding scheme.
Supply-chain risk
Dependence on domestic chip fabrication constrains volumes and performance of advanced devices.

Milestones

  1. 1987 — Founded in Shenzhen by Ren Zhengfei
  2. 2012 — Becomes the world's largest telecom equipment vendor
  3. 2019-05 — Added to the US Entity List
  4. 2020-11 — Honor smartphone brand sold
  5. 2023-08 — Mate 60 Pro with domestically made Kirin 9000s chip launched
  6. 2024-11 — HarmonyOS NEXT without Android compatibility released
  7. 2025-03 — 2024 annual report: revenue 862.1 billion yuan

Official site: www.huawei.com

Frequently asked questions

Other companies in technology: Tencent · Xiaomi

Sources

  1. Huawei 2024 annual report — Huawei (retrieved 6 September 2026)
  2. Addition of entities to the Entity List (Huawei), May 2019 — US Bureau of Industry and Security (retrieved 6 September 2026)
  3. Huawei — corporate information — Huawei (retrieved 6 September 2026)