Telecom News --

Huawei ranked 5th most innovative company in the world

Shenzhen, China, 25 February, 2010

Fast Company, the highly-respected and award-winning US-based monthly magazine, has ranked Huawei the fifth most innovative company in the world for 2010, behind only Facebook, Amazon, Apple, and Google. Huawei was the only new-entrant to the list of the top five most innovative companies.

Fast Company credited Huawei' s strong business growth in 2009 to its leadership in customer-centric innovation. In an article in the March 2010 issue, Fast Company said of Huawei: "Huawei Technologies shot past Alcatel-Lucent and Nokia Siemens in 2009 to become the world's No. 2 telecom-equipment provider, powered by quality and product upgrades… in the past year, it has won a slew of lucrative, prestigious contracts… the sum of these deals was good enough to double Huawei' s global market share."

Commenting on this honor, Kevin Zhang, Vice President of Global Marketing, Huawei, said: "One of Huawei's key differentiators is our customer-centric innovation strategy that is focused on understanding operator needs and rapidly delivering customized network solutions to create maximum value. It is a long term investment towards continuous innovation designed around close partnerships with operators to overcome challenges and achieve business success."

Huawei has a deep and longstanding commitment to innovation:

• Ranks No. 2 in global patent filings, with 1,847 in 2009, according to the United Nations World Intellectual Property Organization patent list
  
  
• In 2009, 46 percent of Huawei' s employees were dedicated to R&D
  
  
• As part of a worldwide integrated product development process, Huawei operates 17 global R&D centers and operates over 22 joint innovation centers with its customers
  
  
• Huawei has successfully deployed the world' s first LTE (long-term evolution) commercial network for TeliaSonera in Oslo, Norway

-end-

Also read....

Huawei unveils the world's first 1588v2-compliant xDSL time synchronization prototype

Huawei deploys new generation Blade Mobile Soft-switch for Zain Nigeria

Huawei sets the record for GSM/EDGE network data rate speeds

Huawei Showcases E5 Wireless Modem at 2010 International CES

Huawei complete 1000km 100G commercial trial in Spain

......more from International Telecom, click here