To receive a timely & appropriate reply, please select a field for your query.

News Start

(Shenzhen, China,4 June 2002) - Huawei Technologies, a leading global supplier of network equipment and solutions, announced today the launch of FutureWei, its wholly owned US subsidiary. The establishment of FutureWei underscores the company's commitment to international business development and long term investment in the North American market.

'The launch of FutureWei marks the early beginnings of Huawei's expansion into the lucrative North American market. As we compete alongside the top players in the international arena, this will take us to the next level of becoming a truly global player,' said William Xu, Executive Vice President of Huawei Technologies, at Huawei's first exhibition at SUPERCOMM 2002.

Huawei has been dubbed 'China's Cisco' by the Wall Street Journal and Forbes global edition. The launch of FutureWei follows the parent company's success on the domestic front. In 2001, Huawei announced an annual sales revenue of US$3.1 billion, of which 11% was derived from international sales.

Headquartered in Plano, Texas, FutureWei is a total network solutions provider, specializing in the research and development, design, and marketing of a wide range of advanced carrier and enterprise class telecommunications products. These include metro optical networking, broadband access, LAN switches, access servers/VoIP gateways and video conferencing systems. In addition, FutureWei has regional centers spanning the North American continent in San Jose, California, and Reston, Virginia, to cater to the needs of an ever-expanding customer base.

FutureWei will navigate the North American market through various strategies, including channel marketing, direct sales networks, and OEM and ODM relations. By keeping base at the three strategic points, FutureWei is empowered to launch its high-performance, cost effective solutions faster to meet the demands of the American markets.

Mr. Johnson Chang, executive vice president of FutureWei, said, 'Through the participation in SUPERCOMM 2002, we wish to meet with the leading distributors from the US and other part of the North American market. We are confident that with our faster service, better solutions and bigger savings, we will be able to grow along with our partners in North American market.'

Huawei Technologies and FutureWei's solutions will be on display at SUPERCOMM, at booth # 12917, Hall C4. SUPERCOMM 2002 will take place on June 4 through June 6 in the Georgia World Congress Center in Atlanta, Georgia.

About FutureWei Technologies

1700 Alma Drive, Suite 500

Plano, TX 75075, USA

Tel: +1-972-509-5599

Incorporated in 2002, FutureWei is a subsidiary wholly owned by Huawei Technologies, China's leading telecom equipment and network solutions provider. FutureWei aims to become a leading supplier of carrier class telecom equipment and low to mid-range enterprise network equipment in North America.

Headquartered in Plano, Texas, FutureWei is dedicated to the research and development, sales and marketing and customer services for its owned branded and Huawei branded network equipment and solutions.

In addition to its headquarters in Plano, Texas, currently FutureWei also operates two branches in San Jose, California and Reston, Virginia to provide sales and marketing and after-sales services for its partners and customers in North America.

FutureWei provides a wide range of network equipment and solutions, from metro networks, optical networks, optical input and turnkey corporate network solutions. The branded products include Sonnet, DWDM, broadband metro networking equipment, corporate networking equipment, video conferencing equipment, routers, Ethernet switches and customized sub-systems.

FutureWei aims to establish its national corporate networking equipment distribution and services network through partnerships with domestic distributors and service agents. FutureWei also seeks strategic alliances with US metro networking and carrier class players, with whom FutureWei can provide OEM and ODM services.

News End