Huawei leads China’s top IT firms

Huawei Technologies remains China’s No. 1 IT firm, keeping its ranking atop the China Electronic Information Industry Federation’s Top 100 Electronic Information Enterprises for the 12thyear running. No. 2 was Lenovo, followed by Haier. 

Nearly one fourth of the list, 22 companies, are based in Shenzhen. They include well-known brands such as electric vehicle maker BYD, telecom-equipment giant ZTE, and TV makers Konka and Skyworth. Rising stars such as drone king DJI and China Communication Technology were also in the list.

SMEs also stood out. They include BTR Energy Materials, the world’s largest supplier of battery anode materials; UBTech Robotics, which is valued at US$5 billion, Royole Technology, a manufacturer of advanced flexible displays, and ORBBEC, a developer of 3D motion sensors.

Last year, Shenzhen’s electronic information industry had sales of RMB2.13 trillion, up 13.8% YoY, accounting for about one-sixth of the national total and nearly 60% of Shenzhen’s overall industrial output. 

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