Huawei Technologies Co., Ltd. is a private communications technology company that produces and sells communications equipment, and is headquartered at Huawei Base in Bantian, Longgang District, Shenzhen City, Guangdong Province, China. Huawei's products are mainly involved in switching networks, transmission networks, wireless and wired fixed access networks and data communication networks and wireless terminal products in communication networks, providing hardware equipment, software, services and solutions for communication carriers and professional network owners around the world. Huawei was officially incorporated in Shenzhen, China in 1987.
In 2007, Huawei's contracted sales amounted to US$16 billion, of which US$11.5 billion was overseas sales, and it was the No. 1 company in China's domestic electronics industry that year in terms of profitability and tax payment. By the end of 2008, Huawei covered more than 100 countries and regions in the international market, and 45 of the world's top 50 telecom operators were using Huawei's products and services.
Huawei's products and solutions are used in more than 170 countries around the world, serving 45 of the world's top 50 operators and 1/3 of the world's population.
In 2014, Huawei was ranked 285th in the world on the Fortune Global 500, up thirty places from the previous year.
Huawei has set up 17 research institutes in the United States, India, Sweden, Russia, and China, with each R&D center focusing on a different research focus and direction. By adopting an internationalized and globally synchronized R&D system, Huawei gathers global technology, experience and talents to carry out product research and development, so that Huawei's technology is synchronized with that of the world as soon as its products hit the market.
Hisense Group is the only enterprise group in China that owns three famous Chinese trademarks, namely Hisense, Kelon and Ronshen. The ULED technology developed by Hisense TV over a period of three years has elevated the picture quality of LED TVs to a whole new level. Hisense owns Hisense Electric (600060) and Hisense Kelon (00921), two companies listed in Shanghai, Shenzhen and Hong Kong respectively, and holds three famous Chinese trademarks: Hisense, Kelon and Ronshen. Hisense currently has 16 overseas branches to implement localized operations, 5 production bases to implement regionalized production, 7 R&D centers in Europe and the United States, the introduction of high-end talent for the world, and promote domestic design, R & D personnel "go out". Overseas branches cover the global markets of America, Europe, Africa, the Middle East, Australia and Southeast Asia, and our products are exported to more than 130 countries and regions.
July 31, 2015, Hisense announced that it would spend $ 23.7 million to acquire Sharp USA. The deal will allow Hisense to take over Sharp's television business in North and South America.
Compensation and Benefits
In terms of incentives, Hisense has been adhering to the 3P1M compensation and incentive model, which is the concept of Pay for Position, Pay for Personal Ability, Pay for Performance, and Pay for Market. In the process of implementation, Hisense introduced Mercer's job evaluation system, competency model and other management tools, and gradually formed a diversified compensation system with "Position" as the core, "Performance" as the guide, and "Competency" as the benchmark. The company has gradually formed a diversified compensation system with "position" as the core, "performance" as the guide, and "ability" as the benchmark, so as to realize competitive "external fairness" on the basis of ensuring "internal fairness" and truly reflecting the market value of employees.
Welfare is an important part of broad compensation. In order to meet the multifaceted and multi-level needs of employees, Hisense provides employees and their families with a variety of forms of benefits, such as monetary, in-kind, and specific services, in addition to salary income, based on individual circumstances and the nature of the position.
Hisense's welfare includes two major parts: the national statutory welfare and the company's own welfare. In addition to statutory benefits, Hisense also provides Mid-Autumn Festival and Spring Festival holiday benefits, welfare leave system, welfare training, welfare allowances (supplements), free health checkups, and supplemental medical insurance on a case-by-case basis.