Huawei forms new teams to advance into digital finance, energy, manufacturing, public services sectors amid US sanctions

Name: Huawei’s Ren Zhengfei says he drew on the best of US politics and business to found telecoms giant
Uploaded: 2022-06-02T13:00:55.000Z
Duration: 3 min 19 s
Description: Huawei’s Ren Zhengfei says he drew on the best of US politics and business to found telecoms giant

The new teams now bring to 20 Huawei’s total number of so-called legions, which are cross-departmental groups that work on specific industries

These legions reflect Huawei’s goal to expand its revenue sources, while working to stay relevant in the smartphone and telecoms equipment markets

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Huawei Technologies Co now has 20 so-called legions, which are cross-departmental teams focused on specific industries. Photo: Shutterstock

Che PanandIris Deng

Published: 9:00pm, 2 Jun 2022Updated: 9:02pm, 2 Jun 2022

Chinese telecommunications giant Huawei Technologies Co has set up five new business organisations to further diversify its operations, as its core smartphone and international carrier equipment operations continue to struggle under US trade sanctions.

These so-called legions will each focus on specific industries that include digital finance, energy, machine vision, manufacturing digitalisation and public services, according to a video announcement posted on Shenzhen-based Huawei’s online employee forum on Tuesday.

“A legion is an elite organisation focused on business exploration and cultivating business models,” Huawei founder and chief executive Ren Zhengfei said in the video.

The addition of these five new organisations – essentially, cross-departmental teams with a mission to work on specific industries – now brings to 20 the total number of legions established by Huawei since starting the initiative in October last year.

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Huawei’s Ren Zhengfei says he drew on the best of US politics and business to found telecoms giant

The creation of legions reflects Huawei’s goal to quickly expand its revenue sources, while working to stay relevant in the global smartphone and telecoms carrier equipment markets.