Ren Zhengfei: The Founder of the Huawei Company

Ren Zhengfei is known as the founder of the Huawei company, one of the largest telecommunications technology manufacturers in China and the world. Until now, Ren Zhengfei is still the CEO of Huawei, and he is the person behind Huawei’s success as the world’s leading telecommunications company.

Under his leadership, Huawei managed to beat Apple as the second largest smartphone manufacturer in the world behind Samsung. Ren Zhenfei originally had a background as a civil engineering engineer, but because of his dissatisfaction at work, he later founded the company Huawei. What’s the story?

Ren Zhengfei Biography

Huawei’s founder, Ren Zhengfei, was born on October 25, 1944 in China. His father is Ren Moxun and his mother is Cheng Yuanzhao. Check out our latest news at Deltsapure.

His parents worked as school teachers. He spent his school years in a remote town called Zhenning in a mountainous area in Guizhou Province, China. At that time, the area where Huawei’s founder lived was one of the poorest areas in China.

Civil Engineering Engineer

After finishing school in 1963, Ren then continued his education at a local college called the ‘Chongqing Institute of Civil Engineering and Architecture’ in the city of Chongqing, China. There he majored in civil engineering.

After graduating, he then worked as a civil engineer until 1974. When Ren Zhengfei was 30 years old, China was hit by chaos during the cultural revolution in 1966.

From that incident, the founder of Huawei decided to join the PLA (People’s Liberations Army) or Chinese People’s Liberation Army. At that time he had served up to the position of deputy director or the equivalent of regimental chief, but without military rank.

He is known to work in the Electronics and Communications Research and Development division. His extraordinary achievements led him to participate in the ‘National Science Conference’ in 1978 and the ‘National Congress of the Chinese Communist Party’. This then made his relationship with the Chinese communist party even closer.

China has implemented an anti-Western attitude since the 1900s. This makes China lag far behind the West in terms of technology. Ren Zhengfei thinks that China must catch up in terms of technology and start preparing for it.

Founder of Huawei Company

In 1987, Ren Zhengfei founded Huawei. He founded the company at the age of 44 with capital of 5,600 USD which he raised together with five investors. The company was founded in Shenzhen in a small apartment. At its inception, China began to open up to technology.

The company he founded initially focused on producing telephone switches. Soon Huawei became a retailer and operator providing communications equipment. Due to government support, the Huawei company has succeeded in becoming a landline telephone operator in cities in China.

They also introduced cell phone technology which was popular at that time in Europe and America. When doing business or making a technology product, Ren Zhengfei always finds out what competitors are doing with their products, how to develop them and how they produce their products.

Huawei Business Style

The next step is to find a way to make the product and find a way to produce it better and cheaper than competitors. This is what Ren Zhengfei and Huawei excel at. However, many people accuse Huawei of stealing trade secrets.

Even in 2003, the Cisco company filed a lawsuit and accused Huawei of violating at least 5 patents and copying the source code of the Cisco operating system.

In 1990, Huawei began its own technology research and development with a focus on rural markets. Ren sees that technology research and development is the key to success for American companies.

In 1990, Huawei began its own technology research and development with a focus on rural markets. Ren sees that technology research and development is the key to success for American companies.

Huawei then hired consultants from American technology companies to assist Huawei in preparing the company’s future plans. IBM from America became one of their consultants. IBM provides technology for Huawei routers and optical transmission systems. The two also collaborate in terms of research and development. This collaboration also helps accelerate Huawei’s product development and relations with Europe.

Huawei, the Largest Technology Manufacturing Company in China

In Europe, Huawei works with companies such as Vodafone and British Telecoms. Huawei spent 22.04 billion USD, or 15.9% of its total revenue in 2020 on technology research and development.

Ren Zhengfei as CEO of Huawei continues to build his company into the largest telecommunications company in the world. In 2019, they reported revenue of 123 billion US dollars. This company operates in 170 countries with employees reaching 197,000 people.

Huawei is growing to realize China’s long-term goals by shifting from cheap manufacturing to high-tech products. They developed 4G, 5G communication technology and developed 6G technology. They also continue to expand their influence abroad. In China, Huawei is the largest and best technology manufacturing company in China.

Ren Zhengfei Net Worth

As the founder of Huawei, China’s largest technology company, Ren Zhengfei is among the richest people in China and the world. Its share ownership in Huawei is around 1.4 percent. And Ren Zhengfei net worth is around 1.4 billion USD.

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