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In 2025, as a leading smartphone manufacturer internationally, Huawei generated a revenue of about *** billion yuan in China.   

Background of Huawei

According to the official website, Huawei is a Chinese multinational technology company, which mainly includes telecommunication services and equipment, with smartphones being one of the company’s most popular products sold worldwide. The headquarters is located in Shenzhen, the major technological advancement hub in China. In the last few years, Huawei has transformed their business focus from carrier network to technological innovations. For instance, as ICT infrastructure they earned over *** billion yuan from the infrastructure business. Since 2012, the spending on research and development of Huawei has increased from almost ** billion yuan to over *** billion yuan, only slightly less than the selling and administrative expenses in the company.

Huawei in the world 

Nowadays, Huawei’s brand recognition has been improved significantly; most people in the world are aware of the brand. Huawei’s smartphones have been introduced to various key markets in the rest of the world. In the first quarter of 2012, the smartphone shipments of Huawei only accounted for around  percent globally, and at its highest, the market share of Huawei has reached ** percent. However, in 2021, the company lost significant market position.