2008 | OriginalPaper | Buchkapitel
Huawei: Globalizing through Innovation
Erschienen in: Managing Global Innovation
Verlag: Springer Berlin Heidelberg
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Huawei Technologies is a private high-tech firm based in Shenzhen, China focusing on the provision of next generation telecommunications networks. By the end of 2006, Huawei served 31 of the world’s top 50 operators, along with over one billion users worldwide. Since 1999 Huawei experienced a CAGR (compound annual growth rate) of 30% in sales, and 110% in international sales alone. With over 61,000 employees, of whom 48% are dedicated to R&D (although this percentage seems to include product development as well), Huawei generated contract sales of US$ 11.0 billion in 2006, of which US$ 7.48 billion from international markets.
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