Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back

Huawei Technologies Co., Ltd. is a Chinese multinational technology corporation. It designs, develops and sells telecommunications equipment, consumer electronics and various smart devices.

 
 
 
 
 

Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back
China
Electronics

Global 500, is an annual ranking of the top 500 corporations worldwide

Global 500

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
1202
Assets(RF), mln.USD
637
Capital(RF), mln.USD
223
Staff(RF), 2021
1582

Research and training centers, as well as a technical support center and a network management center. Sales of consumer electronics. Chinese Huawei will leave Russia, but will work through "gray imports". Also, Huawei is separating its corporate division in Russia and Belarus from other CIS countries. Huawei is closing a division with ~2,000 employees in Russia.

The Company Statement
December 20, 2022

According to Russian press, Huawei has stopped taking on new contracts to supply network equipment to Russian operators. Suspend new orders and furlough some staff; 1/07/2022: activated hiring 19/08/2022: Huawei stores in Russia stop selling products to visitors (lack of official supply); 6/09/2022: relocated Chinese and Russian managers and heads of divisions to Kazakhstan and Uzbekistan. Russia and China already have experience of cooperation in the IT sphere. One of the Russian developers works with the Chinese company Alibaba Group, and Red Soft has a joint project with Huawei.

Open the Statement
Statements Archive
September 08, 2023Chinese equipment raised questions among Russian telecom operators
May 24, 2023Russia agrees with China on joint work in the IT field
May 09, 2023Telecommunications market. Why is the sanctions policy stalling?
December 25, 2022Huawei is closing a division with 2,000 employees in Russia
October 31, 2022Chinese Huawei will leave Russia, but will work through "gray imports"
September 05, 2022China’s Huawei Moves Russian Staff to Central Asia – Vedomosti
July 08, 2022The Chinese company Huawei began to close its official outlets in Russia
July 01, 2022Huawei collects personnel
May 22, 2022Huawei separates Russia business from other CIS countries -source
April 18, 2022Huawei Stores in Russia Stop Selling Products to Visitors
April 13, 2022A Chinese telecom giant has suspended Russian operations and furloughed employees as sanctions bite: reports
April 11, 2022Huawei is suspending all orders in Russia
March 08, 2022The Chinese company Huawei began to close its official outlets in Russia
February 08, 2022Huawei sent part of the employees of the Russian office on vacation for a month
Demand to Leave Russia:Petition text has been copied to the clipboard.
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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