Huawei establishes new business units, signaling development focus



Chinese telecoms giant Huawei Technology set up new business units focusing on providing smart services to ports, highways, data networks and solar plants, tech website TMT Post reported Tuesday, citing internal documents.

The establishment of the new organizations is Huawei's latest move toward diversification and follows the founding of a business unit for coal mining in February.

The report said the four business units would run parallel to Huawei's three major business groups (BG) – carrier network BG, enterprise BG and consumer BG.

The company's founder Ren Zhengfei will oversee the organizations, it said.

Huawei has been expanding its business tentacles into diverse sections with its fast-growing 5G network amid U.S. restrictions on its operations. Last month, it announced a new cooperation with a coal company under China Energy to digitize the mining industry, making it safer and faster.