Huawei ranked 5th most innovative firm

Mar 27 2010, 16:04 IST
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SummaryFast Company has ranked Huawei the fifth most innovative company in the world.

Fast Company has ranked Huawei the fifth most innovative company in the world for 2010, behind only Facebook, Amazon, Apple, and Google. Huawei was the only new-entrant to the list of the top five most innovative companies.

Fast Company credited Huaweiís strong business growth in 2009 to its leadership in customer-centric innovation. In an article in the March 2010 issue, Fast Company said of Huawei: "Huawei Technologies shot past Alcatel-Lucent and Nokia Siemens in 2009 to become the world's No. 2 telecom-equipment provider, powered by quality and product upgradesÖ in the past year.Ē

Commenting on this, Max Yang, CEO, Huawei India, said: ďOne of Huawei's key differentiators is our customer-centric innovation strategy that is focused on understanding operator needs and rapidly delivering customized network solutions to create maximum value."

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