Huawei

Huawei Won't Hang Up on U.S.
May 3, 2013

China's largest telecommunications firm says it will continue to sell its phones in the United States, even as national security concerns keep the company's equipment out of American telecom networks.

Huawei made its name selling telecom equipment, and specializes in building the routers and switches needed for national communication systems. But it's been unable to crack the U.S. hardware market, with several attempts falling foul of regulators.

Huawei's ultimate goal was to sell its equipment to American providers like AT&T and Verizon -- a lucrative business with the potential to boost profits.

Huawei CEO: Next Boss Won't Come from My Family
April 29, 2013

Telecom equipment maker Huawei Technologies won't be a family-run business for long.

In a letter sent to employees on Sunday and obtained by Reuters, Huawei CEO and founder Ren Zhengfei said that no one in his family will succeed him because he doesn't believe any relatives have all of the personal qualities necessary to effectively lead the company.

"Huawei's successor should not only have vision, character and ambition, like what we've said before, but also a good global perspective and the acumen to drive the business," Ren wrote, according to Reuters.

Huawei Exec: We're 'Not Interested' in the U.S.
April 24, 2013

A Huawei senior executive said Tuesday that the giant Chinese telecom gear maker is "not interested" in the U.S. market any longer.

According to reports by Reuters and the Financial Times, Eric Xu, Huawei executive vice president and one of its three rotating chief executives, expressed exasperation at inquiries by U.S. lawmakers into concerns that the company's gear could be used to snoop on American companies or individuals. Last fall, the House Intelligence committee issued an extensive report discouraging American companies from buying Huawei gear over espionage fears.

Huawei Was Top Third Smartphone Vendor In Q4 After Samsung & Apple, Says IDC
January 25, 2013

IDC's Q4 report on the global mobile phone market reveals that Huawei sprang up into the top-three smartphone vendors in the world, a first for the company. In Q4, Huawei held a 4.9 percent marketshare based on unit shipments. This is much less than the 29 percent chunk held by Samsung and Apple's 21.8 percent slice, but still placed Huawei ahead of Sony and ZTE. In the 2012 calendar year, Huawei was number four among the top five smartphone vendors by market share, after Samsung, Apple and Nokia, but ahead of RIM