Innovation and Business Development (Huawei company)

Running head: INNOVATION AND BUSINESS DEVELOPMENT
Innovation and Business Development
(Huawei company)
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1INNOVATION AND BUSINESS DEVELOPMENT
Executive summary
The following study helps in understanding the process of innovation and business development.
Here, the background of the company of The Huawei Technologies Co. Ltd, China is analyzed. Then
different issues that are related to particular innovation is demonstrated in this discussion. At last,
particular significance of the issues for the company is investigated here.

2INNOVATION AND BUSINESS DEVELOPMENT
Table of Contents
1. Introduction:......................................................................................................................................3
2. Concise information on Huawei Technologies Co. Ltd:...................................................................3
3. Issues related to innovation:..............................................................................................................5
4. Importance of these issues at Huawei:...............................................................................................8
5. Conclusion:........................................................................................................................................8
6. References:......................................................................................................................................10

3INNOVATION AND BUSINESS DEVELOPMENT
1. Introduction:
The Huawei Technologies Co. Ltd is the Chinese multinational manufacturer of consumer
electronics. They are also involved as multinational telecommunication tool manufacturing. They are
headquartered at the pace called Shenzhen.
In order to stay innovative, Huawei requires to create new processes and products. This is
helpful for creating the competitive benefits of the organization.
In order to understand the methods of business and innovation development, firstly the
concise information about Huawei is demonstrated. Then the problems related to a specific
innovation, cyclic innovation model, is included in the report. Lastly, the significance of the
problems for Huawei is analyzed here.
2. Concise information on Huawei Technologies Co. Ltd:
The Huawei is one of the popular provider of ICT or Information and Communications
Technology smart devices and infrastructures. With the integrated solutions around various primary
domains, the cloud services, smart devices, IT and telecom networks, they are involved in various
activities. They are bringing digital innovations to various organization, home and person for a
totally interconnected intelligent marketplace (Yan, Wang & Xiong, 2017).
Their end-to-end portfolio of products, services and solutions has been secured and
competitive. With the help of open collaborations with the partners of ecosystems, they have been
creating a long-lasting value for the customers who have been working for empowering people,
enrich home life. This has also included the inspiring of innovations of the business of every size and
shape. Besides, in the company, the technology has been concentrating on the needs of clients. They