Rise of Huawei - from balloon sale to telco giant

How a discharged army engineering officer built a conglomerate out of practically nothing

Huawei Technologies is known today for its sleek smartphones packing futuristic hardware, and the company recently eclipsed Apple to become the second-largest smartphone maker in the world.

From its humble roots as a seven-man operation, the firm now has 180,000 employees across 170 countries and regions. Last year, Huawei broke US$100 billion (S$135 billion) in revenue for the first time with year-on-year growth of over 20 per cent.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month
  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Sunday Times on January 27, 2019, with the headline 'Rise of Huawei - from balloon sale to telco giant'. Subscribe