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Generic Manufacturing Giants

Huawei may be the best company you've never heard of, and that's a big problem for China. Founded in 1988 by a former People's Liberation Army officer with less than $4,000 in startup capital, Huawei has grown from a small importer into a growing giant—revenue rose 43 percent last year to more than $18 billion—now poised to overtake Nokia Siemens as the world's second-largest maker of telecom hardware, after Ericsson. Even a decade ago, China watchers were touting Huawei as one of the companies most likely to become China's first big global brand.

Sunday 26 July, 2009 12:13 PM

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