August 22, 2017 6:06 PM ET

Communications Equipment

Company Overview of Huawei Investment & Holding Co., Ltd.

Company Overview

Huawei Investment & Holding Co., Ltd. provides information and communications technology (ICT) solutions and services for telecom carriers, enterprises, and consumers worldwide. The company operates in three segments: Carrier Network, Enterprise Business, and Consumer Business. The Carrier Network segment develops and manufactures a range of wireless networks, fixed networks, carrier software, and core networks, as well as services solutions to telecommunications operators; X-Ethernet technology for 5G bearer networks; mesh backbone network solution and provides Digital inCloud, a digital service aggregation and distribution platform to help telcos to accelerate digital service transformatio...

Huawei Industrial Base

Bantian Longgang

Shenzhen,  518129

China

Founded in 1987

180,000 Employees

Phone:

86 755 2878 0808

Key Executives for Huawei Investment & Holding Co., Ltd.

Founder, Deputy Chairman, Chief Executive Officer and President
Age: 73
Chief Financial Officer and Executive Director
Age: 45
Chief Executive Officer for Kenya Office
Chief Executive Officer of Enterprise Business Group - Huawei Russia
Chief Executive Officer of Southeast Asia Region and President of Southeast Asia Region
Compensation as of Fiscal Year 2017.

Huawei Investment & Holding Co., Ltd. Key Developments

Mobily Announces the Signature of Framework Agreements with Nokia, Huwawei and Ericsson to Modernize its Mobile Network

Mobily announced that on August 14, 2017 the signature of three 3-year framework agreements with each of the three suppliers Nokia, Huawei and Ericsson to modernize its mobile network. The aggregate amount of these agreements can reach SAR 2.4 billion over the three years period. These agreements will be funded from the company's cash flows and available facilities. The implementation of these agreements will allow Mobily to renew a significant part of its mobile infrastructure and extend it, provide advanced technology to cope with current and future customer needs and better optimize its future network capital and operating expenditure.

MapD Technologies and Huawei Sign Memorandum of Understanding to Accelerate Analytics with GPUs

Huawei and MapD Technologies announced they have signed a Memorandum of Understanding to accelerate the application of GPU-powered data analytics at scale. The partnership will enhance compatibility and interconnection between Huawei's FusionServer hardware and the MapD analytics platform, enabling organizations to search and visualize billions of rows of data in milliseconds. Under the terms of the agreement, both parties will commit engineering resources to a joint R&D initiative that will not only improve software and hardware integration, but also increase support for and connection to third-party applications. The teams will create demo environments at Huawei's headquarters and OpenLab for enterprise solutions, where customers can road-test the solution with their own data. According to the MoU, Huawei can sell MapD products across the globe and MapD will join Huawei's solution partnership plan. Huawei is implementing the MapD Core database and MapD Immerse visual analytics client internally on the FusionServer G5500. The G5500 is a heterogeneous server that can be used to build a supercomputing cluster composed of up to 32 GPUs.

Huawei Introduces its Model Y7 in Poland

Huawei introduced its model Y7 in Poland. It will be available in the open market and in the offer of mobile operator Polkomtel, operating under the brand Plus. In promotion until the end of August, the Huawei Y7 will sell for PLN 799.

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Recent Private Companies Transactions

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