Huawei, a privately owned company headquartered in China, was founded in 1987 and employs approximately 165,000 individuals. The company reported $120.1 billion in revenue as of 2024. Specializing in telecoms, the company operates as a global provider of information and communications technology (ICT) infrastructure and smart devices. It offers solutions across four key domains: telecom networks, IT, smart devices, and cloud services.

2024 Revenue

Founded

1987

Headcount

165,000

Headquarters

China

Primary Segment

Telecoms

Ownership

Privately Owned

News Summary:

Huawei recently crowdfunded its new Wi-Fi 7 router, featuring a "metal mesh crystal antenna" and a "shark fin" heat exhaust system, on the Japanese crowdfunding site GreenFunding on March 22, 2026. Also on March 22, the company prepared to unveil its latest smartphones towards the end of March, promising innovations such as enhanced battery life and new designs. Earlier the same day, Huawei outlined plans to introduce ultrafast electric vehicle (EV) charging infrastructure in South Africa, revealing its ambition to deploy "mega" chargers during the 2026 Africa Energy Indaba in Cape Town to significantly reduce charging times. This follows the launch of its latest AI accelerator card, the Atlas 350, on March 20, 2026, at the China Partner Event. The Atlas 350 is powered by the new Ascend 950PR processor, intensifying the global AI chip competition.
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