Huawei Picks up Top Chinese Firm Award

Huawei says that it has been named the "Most Globally Competitive Chinese Company" out of 20 companies in a competition launched by Roland Berger Strategy Consultants and Global Entrepreneurs Journal. In addition, Huawei was awarded the "Best Chinese Company in Europe" prize in the same competition.

The "2007 Most Globally Competitive Chinese Companies" Award is the first competition that recognizes the survivability and competitive strengths of Chinese companies in this era of globalization. Evaluation was made on the overseas achievements, sustainable competitiveness, and multi-cultural

In 2006, Huawei generated US$11 billion in global contract sales, up 34 percent from the previous year with 65 percent from international markets outside China. The regional headquarters of Huawei Europe was established in 2000 and now has over 2,000 staff, 70 percent of which are locally recruited.