ORGANIZATION
Huawei
A maker of telecom network equipment and smartphones, founded in Shenzhen, China, in 1987. Huawei says its holding company, Huawei Investment & Holding, is a private company wholly owned by 169,054 employees and retired beneficiaries, and that founder Ren Zhengfei holds about 0.59% of its share capital (end of 2025). In May 2019 the US Commerce Department added Huawei to its export-control Entity List, and authorities in the UK, Canada and the US each moved to take its products out of their networks or equipment approvals. Huawei then sold its Honor smartphone business and built up its own HarmonyOS operating system and Ascend AI chips. In 2025 it reported revenue of CNY880.9 billion, net profit of CNY68 billion, and R&D spending equal to 21.8% of revenue.

Organization
- Founded
- 1987
- Status
- Active
- Active
- 1987–
- Appearances
- 00
- Name
- ENHuaweiJAファーウェイ(華為技術)
Huawei is a maker of telecom network equipment and smartphones, founded in Shenzhen, China, in 1987. Its corporate fact sheet (updated April 2026) gives its head office as Shenzhen, puts its workforce at about 213,000 and says it operates in more than 170 countries and regions. Liang Hua is Chairman, and Huawei's release of its 2025 annual report names Sabrina Meng as Rotating Chairwoman. Its businesses span network equipment for carriers, IT products for enterprises, cloud, digital power, intelligent vehicle solutions and smart devices for consumers.
How it is owned, in Huawei's account
Huawei is not listed. It describes its ownership as follows; every line here is Huawei's own claim.
| Item | Huawei's account (as of 31 December 2025) |
|---|---|
| Holding company | Huawei Investment & Holding Co., Ltd. |
| Shareholders | A private company wholly owned by 169,054 employees and retired beneficiaries |
| Founder Ren Zhengfei | Nearly 0.59% of total share capital |
Revenue over time
Although unlisted, Huawei publishes an annual report each year with financial statements audited by KPMG. The years checked for this page:
| Year | Revenue | Net profit | Source |
|---|---|---|---|
| 2020 | CNY891.4 billion (+3.8%) | CNY64.6 billion | 2020 annual report |
| 2021 | CNY636.8 billion | CNY113.7 billion (+75.9%) | 2021 annual report |
| 2025 | CNY880.9 billion (+2.2%) | CNY68 billion | 2025 annual report |
Revenue fell 28.6% from 2020 to 2021 (calculated from the two years' figures). Huawei's 2021 release gave no reason for the decline; Sabrina Meng said that despite it, the company's ability to make a profit and generate cash flows was increasing. By 2025 revenue was almost back to the 2020 level. Huawei says it spent CNY192.3 billion on R&D in 2025, 21.8% of revenue, and CNY1.382 trillion over the past ten years.
What governments did
The measures against Huawei differ by country in both legal basis and scope. The main ones, listed by the government that took them:
| When | Government or agency | Measure |
|---|---|---|
| Effective 16 May 2019 | US Commerce Department, Bureau of Industry and Security (BIS) | Added Huawei and 68 non-US affiliates in 26 destinations to the Entity List (export controls), stating there was reasonable cause to believe Huawei had been involved in activities contrary to US national security or foreign policy interests |
| Announced 14 July 2020 | UK government | Banned buying new Huawei 5G equipment after 31 December 2020 and required its removal from 5G networks by the end of 2027, on new advice from the National Cyber Security Centre (NCSC) following US sanctions |
| Announced 19 May 2022 | Government of Canada (Innovation, Science and Economic Development) | Intended prohibition of Huawei and ZTE 5G and 4G equipment and managed services; existing 5G equipment to be removed by 28 June 2024 and 4G equipment by 31 December 2027 |
| Released 25 November 2022 | US Federal Communications Commission (FCC) | Rules under which no new equipment authorizations are issued for Huawei telecom equipment (as explained by the Congressional Research Service) |
Canada's statement describes its measures as intended actions subject to consultation. Each measure is the judgement of the government that took it; Huawei's own response is not part of this table.
What came after the sanctions
Huawei's moves since 2019 fall into what it let go and what it built for itself.
- Selling Honor (17 November 2020): The holding company announced the sale of all Honor business assets to Shenzhen Zhixin New Information Technology. It cited the persistent unavailability of technical elements needed for its phone business, and said it would hold no shares in, and play no part in managing, the new Honor company.
- HarmonyOS (August 2019): Huawei's own operating system, unveiled at its developer conference in Dongguan. Techzine reported that the first version would appear on smart-screen products, and gave as background that Google had been forced to (temporarily) stop Huawei's Android license after the US government's action that May. In October 2024 Huawei released HarmonyOS NEXT, whose kernel, programming language and AI framework it says were developed without Android open-source code. Yicai Global reported more than 15,000 native apps and services, and HarmonyOS on more than one billion devices.
- Ascend (23 August 2019): Huawei launched the Ascend 910 AI processor and the MindSpore AI framework. The 256 TFLOPS at FP16 and 310 W maximum power are Huawei's figures. Its 2025 annual-report release says it will build industry ecosystems around Ascend, Kunpeng and HarmonyOS.
- Kirin 9000S (2023): The analysis firm TechInsights took apart the Mate 60 Pro smartphone and concluded from features of the die that its Kirin 9000S chip was made by SMIC and, from measured dimensions, that it has 7nm features. The findings were reported in September 2023. The earlier Kirin 980 had been made on TSMC's 7nm process (see iPhone XS and XR).
Huawei on this site
Huawei turns up repeatedly inside other companies' stories.
| Event | Huawei's part |
|---|---|
| Kubernetes | One of the founding members of the Cloud Native Computing Foundation, launched in 2015 |
| iPhone XS and XR | The Kirin 980, which contested the claim to the first 7nm smartphone chip |
| Rust 1.0 | One of the founding members of the Rust Foundation, launched in 2021 |
| iPhone 14 | Announced the Mate 50 series, able to send text via satellite, the day before Apple |
Before and after the sanctions alike, Huawei appears at almost every layer of the stack: network equipment, smartphone chips, operating systems and open-source foundations. So the measures against it did not target a single product either. They used a different tool at each layer: export controls (US Commerce), removal from networks (UK, Canada) and equipment authorization (FCC).
Questions this page answers
- Who owns Huawei?
- According to Huawei, its holding company, Huawei Investment & Holding, is a private company wholly owned by 169,054 of its employees and retired beneficiaries, and founder Ren Zhengfei's investment is nearly 0.59% of total share capital (as of 31 December 2025). It is not listed.
- What did the US do to Huawei?
- The US Commerce Department's Bureau of Industry and Security added Huawei and 68 non-US affiliates to the Entity List effective 16 May 2019, saying there was reasonable cause to believe Huawei had been involved in activities contrary to US national security or foreign policy interests. On 25 November 2022 the Federal Communications Commission released rules under which it will not issue new authorizations for Huawei telecom equipment.
- How did Huawei's results change after the sanctions?
- According to its annual reports, revenue fell from CNY891.4 billion in 2020 to CNY636.8 billion in 2021, and was CNY880.9 billion in 2025. In November 2020 it sold its Honor business, citing the unavailability of components.
- What is HarmonyOS?
- HarmonyOS is Huawei's own operating system, announced at its developer conference in August 2019 and first shipped on smart-screen products. In October 2024 Huawei released HarmonyOS NEXT, which it says was developed without Android open-source code.
Sources
PrimaryHuawei Releases 2025 Annual Report — Huawei, Mar 31, 2026
2025 revenue of CNY880.9 billion, net profit of CNY68 billion, R&D of CNY192.3 billion (21.8% of revenue), ten-year R&D total of CNY1.382 trillion, audit by KPMG, rotating chairwoman Sabrina Meng
PrimaryCorporate Fact Sheet (updated April 2026) — Huawei
Founded 1987, head office in Shenzhen, 213,000 employees, more than 170 countries and regions, ownership by 169,054 employees and retired beneficiaries, Ren Zhengfei's stake of nearly 0.59% (31 December 2025), Chairman Liang Hua
PrimaryHuawei Releases 2021 Annual Report — Huawei, Mar 28, 2022
2021 revenue of CNY636.8 billion and net profit of CNY113.7 billion (up 75.9%)
PrimaryHuawei Releases its 2020 Annual Report — Huawei, Mar 31, 2021
2020 revenue of CNY891.4 billion (up 3.8%) and net profit of CNY64.6 billion
Effective 16 May 2019; adds Huawei and 68 non-US affiliates in 26 destinations; the stated basis
PrimaryHuawei to be removed from UK 5G networks by 2027 — UK Government, Jul 14, 2020
Ban on buying new Huawei 5G equipment after 31 December 2020, removal by end of 2027, new NCSC advice following US sanctions
Intended prohibition of Huawei and ZTE 5G and 4G equipment and managed services; 5G removal by 28 June 2024 and 4G by 31 December 2027
The FCC rules released on 25 November 2022 under which no new authorizations are issued for Huawei telecom equipment
PrimaryHuawei Investment & Holding Co., Ltd. Statement on the Sale of Honor — Huawei, Nov 17, 2020
Sale of all Honor business assets to Shenzhen Zhixin New Information Technology, citing persistent unavailability of technical elements; Huawei to hold no shares afterwards
SecondaryHuawei launches new operating system HarmonyOS — Techzine, Aug 9, 2019
Announcement at the developer conference in Dongguan, distributed architecture, first version on smart-screen products
SecondaryHuawei Releases HarmonyOS Next, Its First Android-Free OS — Yicai Global, Oct 23, 2024
Kernel, language and AI framework developed without Android open-source code; over 15,000 native apps; HarmonyOS on over one billion devices
Ascend 910 at 256 TFLOPS FP16, 512 TOPS INT8 and 310 W maximum power (Huawei's figures); the MindSpore AI framework
SecondaryTechInsights Finds SMIC 7nm (N+2) in Huawei Mate 60 Pro — TechInsights
Concluded from die features that the Kirin 9000S was made by SMIC and, from measured dimensions, that it has 7nm features
SecondaryHUAWEI Mate 60 Pro teardown reveals China's chip advancements — FoneArena, Sep 5, 2023
Date of the reporting on the TechInsights teardown (September 2023)
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