Huawei Technologies Co. Ltd is a Chinese leading ICT provider founded in 1987 by Ren Zhengfei who was a former people’s liberation Army Officer and telecom engineer established in ShenZhen, China. Huawei joined as a private venture which is a leading telecommunication tools and equipment manufacturing supplier and ranked as a top three globally in mobile phone industry. The vision of Huawei is to improved people live through communication. While their central goal is to centre around their customers showcase difficulties and want by giving better ICT solutions and administrations keeping in mind the end goal to reliably deliver most extreme incentive for customers. Huawei’s core qualities have been separated into clients to begin with, commitments, persistent change, transparency and activity, integrity and cooperation.
Market context and Use of concepts and Theories
Market setting encourages firm to break down and get more customized and significant promoting substance. Market setting is otherwise called SWOT. Information shown below is Strength, Weakness, Opportunity and Threat (SWOT) of Huawei. (1) Strength: Huawei put a large amount of sum in R&D, having wide vision and experienced deals association to help them in developing markets and the cost advantage. (2) Weaknesses: Lack of mindfulness and experience outside telecom, the edge weight due their low value items. (3) Opportunities: Their models are all towards cloud and have tremendous information arrangements. (4) Threats: Many contenders are entering these creating markets.