Huawei Technologies Co Ltd, a USD30 billion Chinese maker of telecoms gear and personal devices such as smartphones, wants to emulate General Electric Co – only get into a business if you can be a major force.
Already the world’s number two in telecoms equipment, Huawei aims to climb the rankings in personal gadgets – from mobiles to tablet PCs – and, in the enterprise sector, sell its switches and routers to a broader range of businesses.
"When (ex-CEO) Jack Welch was running General Electric, he would either give up in some areas, or fully commit. Huawei’s aims are similar," Guo Ping, the company’s deputy chairman, said in his first interview with foreign media.
(Source: The Malaysian Insider )