Is Huawei Telecommunications on Your Investment Radar Screen Yet?

When looking for a good stock to own, sometimes it makes sense to look outside the United States. Folks like Jim Cramer of Mad Money tell us to hold off on Chinese Stocks, and yet there are a few worth looking at. One that, is probably worth studying and watching in China is Huewei Technologies; Telecommunication.This company is going global big time, and although it is Head Quartered in China, it’s not state owned. It is already in over 100 countries, and has in excess of 80,000 workers. The Chinese understand the value of communication infrastructure, it is a fundamental requirement for any civilization, and they seem to get it. China also announced after launching a couple of additional satellites with GPS that it will be offering free GPS to everyone. According to Wharton Business School:Huawei currently serves 270 operators in about 100 countries, including 35 of the world’s top 50 telecommunications companies. As of March 2007, the company had more than 83,000 employees worldwide, of whom 43% are engaged in R&D. The company reports that it dedicates at least 10% of its revenues to R&D and is now the fourth largest patent applicant worldwide, with more than 20,000 applications filed by 2007. Last year, they won 45% of all new Universal Mobile Telecommunications System and High Speed Packet Access contractsNow then, another global technology company to watch might be: The Egyptian Company: Orascom Telecom Holdings, which is giving Global Giants T-Mobile, Vodafone, Telephonica a run for the money. The company even boasts a telecom contract with North America if you can believe that. China had been flying the satellites prior for some telecommunication in North Korea.It certainly appears that the days of US Telecoms controlling the world’s communication are far gone, and thus, maybe it makes sense to diversify your telecommunication holdings a bit. Please think on this.

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