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juggernaut | by jurvetson
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juggernaut

Huawei is the “Cisco of China” and a whole lot more. The breadth of their product line across datacom, telecom and consumer electronics is breathtaking. Annual sales are about $10 billion and growing about 80%/year. It is a microcosm of the Chinese economic juggernaut.

 

At this R&D center in ShenZhen, they employ 16,000 of their 30,000 R&D Engineers ( of which 6,000 are working on 3G wireless).

 

Engineering graduates are paid $6K per year. After ten years of service, they are raised to $15K/year.

 

Huawei is privately owned by its three founders.

 

(I look a bit disheveled after a mind-blurring whirlwind factory tour on a golf cart…)

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Taken on October 12, 2005