The Global business world is a complex and dynamic arena, where only the most competitive and rapidly evolving enterprises can thrive. Specially, when it comes to the technology sector, only the organizations that can consistently innovate and keep exploring new horizons, are the ones that can maintain their leadership. Even if the world’s most successful company shows lack of innovation and fails to adapt fluidly, to the rapidly changing needs and preferences of the consumers, its global leadership will be quickly challenged by a more responsive and robust contender. One such example is Huawei-one of the youngest and biggest brands in the telecom world.
Over, the past decades, the manufacturing sector in China has developed tremendously and captured an overwhelming share of the global markets, in most categories of high-tech and low-tech products, due to their enormous scale, lowest cost of production and diverse manufacturing capabilities. However, the reputation and perceived quality of products made by Chinese manufacturers, remained low and even dubious, due to the unreliable and erratic performance of many cheap Chinese products. However, in recent years, several high-quality manufacturers have emerged in China-these robust companies are pursuing a vision to compete and lead on a global scale, by producing world-class quality.
Huawei is one exemplary Chinese enterprise which has achieved great milestones of success and innovation within a few years. It is a fast-emerging global leader in telecom technologies, which is creating fascinating new technologies and highly reliable products, by making robust investments in Research and Innovation, and it has already conquered a big market share, already beating global telecom giants like Samsung and Apple in the regional markets like China. Many of Huawei’s products and technologies have already won prestigious global awards due to their outstanding performance and popularity.
Despite being a relatively new entrant into the smart devices business, Huawei has achieved tremendous performance, innovation and popularity in this arena too. Its consumer business has shown rapid and immense growth within the past couple of years, whereby Huawei has quickly become a household name in Pakistan too. Today, most people in the world are either using a Huawei product or every consumers personally know someone who owns a Huawei product.
Huawei Technologies is not a new entrant in the global telecommunications business. It was founded back in 1987.
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