Top 10 private companies in China 2011

By Lin Liyao
0 Comment(s)Print E-mail, September 19, 2011
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   Huawei (华为技术有限公司)

   Business revenue in 2010: 185.2 billion yuan (US$28.9 billion)

Huawei, first established in 1987 in Shenzhen as a sales agent of a Hong Kong telephone maker, is now a multinational networking and telecommunication equipment company. It is the largest networking and telecommunications equipment supplier in China and the second-largest supplier of mobile telecommunications infrastructure equipment in the world. The company serves 45 of the world's 50 largest telecom operators as well as more than one third of the world's population. In 2010, Huawei had achieved sales revenues of 185.2 billion yuan (US$28.96 billion), with total assets of 160.84 billion yuan (US$25.05 billion).

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