Integrity It is the highest valued asset of Huawei which moves the Company

Integrity it is the highest valued asset of huawei

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Integrity; It is the highest valued asset of Huawei which moves the Company towards honest behavior and maintaining promises and therefore winning the customers’ respect and trust. Teamwork; Huawei believes that success is only achievable through teamwork. By closely working during good moments and even bad ones, the company workers sets a baseline for successful streamlined inter-departmental cooperation, cross-cultural collaboration and efficient processes. 8. HUMAN RESOURCES Huawei biggest Shareholder is Ren Zhengfei with approximately 1.4% share and rest of 98.6% share are owned by Huawei workers. By late 2014, 80000 out 170000 employees held a stake within the corporation. According to more than 100 Huawei executives’ interviews, majority trusts in the workers shareholding platform as everyone feels as an owner.
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9. FINANCE Figure 3; Huawei Strong Operating Revenue (CNY Millions) from Main Regions (2018) In 2018, Huawei Company made revenue amounting to around $49 billion (325.7 billion yuan) based on the exchange rate at the particular reporting period. Huawei have seen a rise in revenue from its strongest operating regions in 2018(figure 3), However its revenue has dropped from 288,197 to 105,191 CNY millions in 2014 to 1028 respectively (figure 4). The company growth has so far been bulldozed by powerful performance in diverse business activities and mostly the consumer section which expands on daily basis.
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Figure 4: Huawei Five-Year Financial Summary 10. CHALLENGES AND COMPETITION ANALYSIS Irrespective of the tremendous achievements made by Huawei Technologies over the past decades, the company faces a set business problems. Huawei needs to place innovation as its primary strategy because it is in a technology and digital industry where change happens at an exceedingly rapid rate on daily basis In advancing the innovation pace, Huawei Company faces numerous challenges as a result of the stiff competition that it faces within the sector as well as the well-known past failures of such corporations. Historical failure of similar enterprises indicates that control of monopoly is not permanent, existing structural realities in every sector have and goes on to change as BlackBerry’s downfall from being a world giant enterprise indicates. Complacency remains the main mistake of most successful corporations. In the case of Huawei, carrying on expanding further with R&D is not enough. For instance, Nokia used most of its time and resources on R&D more than Apple, on the fight, Nokia mistakenly build products to content its current main division’s requirements and ignored the insignificant customers who indicated excessive interest in forthcoming touch-screens. Huawei faced a challenge during its transformation from being a Chinese technological corporation to an international one. Its brand image was challenged in the US due to the libel campaign by the government of U.S.U.S intelligence officials urges USA companies not to
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welcome Huawei sighting potential Chinese state interference as well as security issues. In addition Huawei has for a long time been looking for an expansion opportunity to North America which has a record of approximately 20% of the world telecom spending.
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  • Winter '15
  • Marketing, joint venture, Huawei, Huawei Technologies

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