In December 2019, Huawei reported that its annual revenue had risen to $121.72 billion US dollars in 2019. It overtook Ericsson in 2012 as the largest telecommunications equipment manufacturer in the world, and overtook Apple in 2018 as the second-largest manufacturer of smartphones in the world, behind Samsung Electronics. Huawei has deployed its products and services in more than 170 countries. Initially focused on manufacturing phone switches, Huawei has expanded its business to include building telecommunications networks, providing operational and consulting services and equipment to enterprises inside and outside of China, and manufacturing communications devices for the consumer market. The company was founded in 1987 by Ren Zhengfei, a former Deputy Regimental Chief in the People's Liberation Army.
It designs, develops, and sells telecommunications equipment and consumer electronics.
('|hw|ÉË|Ë|w|eɪ| c=|t= ) is a Chinese multinational technology company headquartered in Shenzhen, Guangdong.
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