China's Huawei Says Its Ready for Transparency

 

Ren Zhengfei

(Beijing) – The global market for telecom operator equipment, network gear and smartphones is evolving as major manufacturers spin off loss-making divisions and strengthen profitable ventures.

Chinese electronics giant Huawei Technologies, which is expected to post record sales and profits for 2014, is riding this global wave but in a unique way: The company and its controversial CEO Ren Zhengfei recently decided to lift a veil of mystery that for years obscured Huawei's image and intentions, puzzling market observers, investors and potential clients.