Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

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

Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Wait Pausing Investments

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 in RF, mln.USD
1774
Staff
1582
Capital, mln.USD
681
Assets, mln.USD
831

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".

The Company Statement
October 31, 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.

June 08, 2022The Chinese company Huawei began to close its official outlets in Russia
September 05, 2022China’s Huawei Moves Russian Staff to Central Asia – Vedomosti
August 18, 2022Huawei Stores in Russia Stop Selling Products to Visitors
July 01, 2022Huawei collects personnel
May 08, 2022The Chinese company Huawei began to close its official outlets in Russia
March 11, 2022Huawei is suspending all orders in Russia
May 08, 2022Huawei sent part of the employees of the Russian office on vacation for a month
April 13, 2022A Chinese telecom giant has suspended Russian operations and furloughed employees as sanctions bite: reports
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