2 Flashcards
In addition to its equipment products in 5G infrastructure technology, Huawei also offers Infrastructure Consulting and Engineering as a service.
True
The first market outside of China that Huawei was successful in was Russia
True
Huawei’s founder Ren Zhengfei grew up in a wealthy family that ran a successful local company in agricultural technology (i.e., tractors)
False; He came from a poor family in Guizhou Province.
Huawei’s founder Ren Zhengfei was once a member of the Chinese Communist Party and the People’s Liberation Army
True
Huawei’s founder Ren Zhengfei studied electrical engineering and that was one of the reasons of Huawei’s success
False; He studied architecture. In fact, it demonstrated that can still be successful in a new field despite having studied a different major if one is motivated enough.
In 2023, Huawei ranked in the top 10 in the Fortune 500 ranking in the category “Technology” (measured by global revenue)
True
Emerging technologies like virtual reality and artificial intelligence act to 5G technology as substitute goods.
False; They are complements, things that contribute extra features to something else in such a way as to improve or emphasize its quality.
Huawei holds over 120,000 active patents
True
Meng Wanzhou, Huawei’s CFO and heir apparent, is also the niece of the company’s founder, Ren Zhengfei
False; She is his daughter.
Huawei is traded publicly on the Hong Kong Stock Exchange and the Shenzhen Stock Exchange.
False; Huawei is a private company.
Improvements in technology from 4G to 5G are only hardware-based
False; Both hardware- and software-based.
Risk management is a skill that is increasingly important for legal professionals.
True
National security concerns are the only issues cited by the US government to impose sanctions against Huawei.
False; The US government and other Western governments have also accused Huawei of unfair practices as they claim that Huawei receives subsidies from the Chinese government, which allows Huawei to compete at unfair terms.
Commercialization of 6G technology is expected to start in 2025
False; it is expected to start in 2030.
There is no resistance from carriers in Germany regarding the proposed ban on Huawei 5G technology in Germany’s 5G networks.
False; There is resistance from German carriers as they will face increased costs when using Huawei’s competitors.
5G refers to fifth-generation cellular network technology, which has been evolving since 1980.
True
Which of the following is a technological capability of 5G?
a. Reduced Latency. Latency is the delay before a transfer of data begins following an instruction for its transfer. With lower latency comes advancements in other areas, such as faster download speeds.
b. Improved Capacity. Capacity refers to the amount of traffic a network can handle, and its corresponding speeds. With increased data capacity, performance will remain robust for all users when they connect to public networks in crowded locations like airports, universities.
c. Increased Reliability.
d. Wider Bandwidth. Wider bandwidths expand the usage of spectrum resources, from sub-3 GHz to 100 GHz and beyond.
e. All of the above
Answer E
The highest percentage of Huawei’s workforce works in:
a. Finance and Accounting
b. Business Development
c. Research & Development
d. Marketing and Sales
e. Manufacturing and Production
Answer C Research & Development
In which year was Huawei established?
a. 1965
b. 1978
c. 1987
d. 1993
e. 1997
ANSWER IS C. 1987
Which statement about Huawei’s wolf culture is NOT true?
a. Ren Zhengfei stated that “the wolf is sensitive and smells opportunities to rush forward”
b. Ren Zhengfei stated that “the wolf always fights with his pack and does not rely on individual heroism”
c. Ren Zhengfei stated that “the wolf stands his ground and shows no fear”
d. Ren Zhengfei stated that “the ‘meat’ may be difficult to eat, but the wolf is unyielding”
e. Huawei executives often credited the company’s intense ‘wolf culture’ for its rapid growth
c. Ren Zhengfei stated that “the wolf stands his ground and shows no fear”
Which is NOT a major competitor for 5G technology in the Chinese market?
a. Huawei
b. ZTE
c. Ericsson
d. Datang Mobile
e. Intel
Answer is E Intel
Which country/organization has banned Huawei’s participation in their 5G networks?
a. UK
b. EU
c. Germany
d. Australia
e. Italy
Answer is D Australia
According to the (IA)3 framework for nonmarket strategy, who is NOT a player in the nonmarket environment?
a. Regulators
b. Suppliers
c. Governments
d. NGO’s (non-governmental organizations)
e. Media
Answer B: Suppliers
According to the (IA)3 framework for nonmarket strategy, what is NOT a question to be answered in an (IA)3 analysis?
a. What is the issue?
b. Who are the actors?
c. What information moves the issue in this arena?
d. What activities have the actors undertaken?
e. What are the actors’ interests?
Answer is D
According to the (IA)3 framework for nonmarket strategy, what are the goals of a nonmarket strategy?
a. Use information as a currency
b. Create coalitions
c. Maintain consistency
d. Reduce uncertainty
e. All of the above
Answer is E
Which of the following statements regarding porter’s 5-forces analysis on Huawei in the 5G Infrastructure Market is NOT true?
a. Threat of new entry is high as 5G infrastructure requires significant R&D investments.
b. Threat of substitution is low as there exist no real substitutes for 5G technology.
c. Buyer power is high as there exist only a few carriers in each market.
d. Competitive rivalry in the 5G infrastructure market is high as only few several players hold the majority of patents.
e. Supplier power is moderate as there only exist a few 5G chip makers in the market. However, this is reduced as players in the 5G infrastructure market often have long-standing partnerships with these suppliers.
Answer is A Threat of new entry is low because it requires significant R&D investments.
The accomplishment of Huawei producing its own 5G chips in terms of supply chain is called:
a. Retrograde Diversification
b. Rearward Consolidation
c. Reverse Oligopoly
d. Backwards Integration
e. Counterstream Integration
Answer is D
Since 2003, Huawei has released an important new corporate strategy every:
a. 2 years
b. 3 years
c. 5 years
d. 8 years
e. 10 years
Answer is E the latest new corporate strategy was released in 2023 (just recently)
Between 2020 and 2021, which Huawei business segment has suffered the greatest loss in terms of revenue?
a. Carrier Network Business
b. Real Estate Business
c. Enterprise Business
d. Consumer Business
e. Others
Answer is D Consumer Business (such as smartphones); ‘Others’ is reported in the Annual Report but is not recognized as an official business segment; ‘Real Estate Business’ is made up
Which of the following is NOT a product that Huawei offers?
a. Wearable devices such as smart watches
b. Smartphones
c. Cloud servers
d. Speed boats
e. Cars
Answer is D. This question and its answers shows how many diverse businesses Huawei participates in.
Huawei’s focus on R&D can be found in the following:
a. The company’s corporate structure; as a private company entirely owned by its employees, external investors cannot meddle with the founder’s focus on R&D.
b. The large number of active patents (over 120,000 globally).
c. More than 50% of its workforce working in R&D.
d. The existence of over 30 innovation centers globally that also engage in academic partnerships.
e. All the above
Answer is E
What are potential market opportunities for 5G for Huawei according to its own White Paper ‘Opening up new business opportunities’ from 2016?
a. Enhanced Mobile Broadband Services for Virtual or Augmented Reality
b. Smart Grids
c. Mobile Health
d. Smart Manufacturing
e. All of the above
Answer is E
