Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2022 International Conference on Financial Technology and Business Analysis (ICFTBA 2022), Part 2
Series Vol. 6 , 27 April 2023
Open
Access | Article
Huawei's Corporate Strategy Based on SWOT Analysis
* Author to whom correspondence should be addressed.
Abstract
Huawei is a Chinese multinational telecommunications and information technology conglomerate that was established in 1987 and has its headquarters in Shenzhen. HUAWEI initially focused on the production of cell phone switches, However, since that time, it has broadened its scope of operations to encompass the development of telecom networks, the provision of equipment to enterprises, as well as consulting and operational services. The corporation was expected to have employed around 194,000 workers by the end of 2019. There are currently roughly 170 nations throughout the world in which HUAWEI offers their products and services. The mission of the company is to ensure that every person and organization in the world is digitally connected in order to realize the full potential of the company's vision. The strengths, weaknesses, opportunities, and threats of Huawei's corporate strategy are examined in this article using a SWOT analysis. This article offers advice for Huawei's long-term growth as well as pertinent theoretical insights for the same class of private communication firms while undertaking strategic analysis and strategy optimization. This study concludes that Huawei's current successes are indissolubly related to the appropriate positioning of its corporate strategy.
Keywords
Huawei, SWOT Analysis, Corporate Strategy
References
1. Xuejun Lin, Bingqian Liu, Jiaxu Han, Xiangyue Chen, Industrial upgrading based on global innovation chains: A case study of Huawei technologies Co., Ltd. Shenzhen, 3 September, 81-90, https://www.sciencedirect.com/science/article/pii/S2096248718300213
2. Peilei Fan, Catching up through developing innovation capability: evidence from China's telecom-equipment industry, March 2006, 359-368 https://www.sciencedirect.com/science/article/abs/pii/S016649720400183X
3. Ran Li&Kee Cheok Cheong, Huawei and ZTE in Malaysia: The Localisation of Chinese Transnational Enterprises,17 July 2017, 752-773, https://www.tandfonline.com/doi/abs/10.1080/00472336.2017.1346697
4. Tatyana Tsukanova, Huawei’s Growth Strategies and Challenges in Russia, 14 October 2020, 37-68, https://link.springer.com/chapter/10.1007/978-3-030-47579-6_3
5. Romans Dmitrijevs, Research on Marketing Strategy of Huawei Mobile Phone in European Market, May 2020, https://www.scirp.org/journal/paperinformation.aspx?paperid=100124
6. Yang Yueyuan, Analysis on the Customer Segmentation of HuaWei Company, 22 March 2021, https://www.atlantis-press.com/proceedings/icfied-21/125954366
7. Ziliang Deng, Yufeng Zou & Ji-Ye Mao, Unconventional Internationalization of Huawei: The Role of Core Values, 31 May, 2018, 179-191, https://link.springer.com/chapter/10.1007/978-3-319-76306-4_13
8. Hanxin Yu, HUAWEI''S SWOT ANALYSIS IN THE RUSSIAN MARKET, 2018, 1-2, https://elibrary.ru/item.asp?id=34939893
9. Min Tang, Huawei Versus the United States? The Geopolitics of Exterritorial Internet Infrastructure, 2020, 2-28, https://ijoc.org/index.php/ijoc/article/view/12624
10. Thomas D. Lairson, David Skidmore, and Wu Xinbo, Why the US Campaign Against Huawei Backfired, May 13,2020 1-4, https://thediplomat.com/2020/05/why-the-us-campaign-against-huawei-backfired/
11. Shuwei Zhang, Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry, 15 Decemebr 2021, 1-4, https://www.atlantis-press.com/proceedings/icemci-21/125966140
Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. Authors who publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open Access Instruction).
- Volume Title
- Proceedings of the 2022 International Conference on Financial Technology and Business Analysis (ICFTBA 2022), Part 2
- ISBN (Print)
- 978-1-915371-23-2
- ISBN (Online)
- 978-1-915371-24-9
- Published Date
- 27 April 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/6/20220146
- Copyright
- 27 April 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited