Huawei reveals success mantra
LAHORE—Huawei is a world’s leading technology manufacturer that has recorded numerous milestone in its 28 year journey. Huawei is among those few business empires that are turned into a multinational with a very little investment to start. In case of Huawei, Ren Zhengfei had started with just 21000 yuan and look at the $60 billion revenue generating giant today. Recently, in his talk to a media agency in China, Huawei’s home, the boss has revealed his success mantra and left the young businessmen to inspire with his approach towards business. For Ren the idea of goals, in his own words, are; “Our goal is to blaze a trail into No Man’s Land in the telecom industry.”
Huawei has outgrown from the home country and spread across the nations and regions in a robust fashion. Today, Huawei is not a top international technology brand only, but the tech giant has evolved to be a national brand in most of the countries. Customers in such countries prefer Huawei smart phone and products more than any other brand. The confidence Huawei has given to the consumer markets are unreachable for the contemporaries. In the markets across the globe, Huawei is engulfing shares of once top brands with a great pace and soon it will be the world’s number 1 technology brand, for sure.
Huawei CEO also admitted that the policies of the Government of China during the initial years of Huawei turned in favour of the Huawei company. Nevertheless, the heavy tax burdens on the company in the same period convinced most of the colleagues and friends of Ren that he must give up. But, later Shenzhen decided to not to levy taxes on the companies until the companies start earning profits. This reinforced the efforts of the Huawei founder to establish stronger footings for the company and to target the telecom sector with only dozens of employees. Ren said.