Huawei is major supplier of China Mobile, ZTE, Alibaba, Tencent also in the list
On 18th August, China Mobile issued a prospectus document, disclosing details of the company’s top customers and suppliers for the past three years. The list includes industry-leading names- Huawei, ZTE, Alibaba, and Tencent with a stale business relation with China Mobile.
At present, the company’s main business purchase amount of the top five suppliers is about 86.2 billion for the first half of 2021, while the total business ratio is 33%. The top suppliers are:
- Huawei Technologies
- China Telecom Group
- China United Network Communications
- China Tower
- ZTE Corporation
The business process involves inter-network settlement, and circuit and network element machine trade with China Telecom Group and China United Network Communications playing the role of both supplier and customer. Meanwhile, Huawei and ZTE are reported to perform a key role in the construction of the China Mobile network web.
Moving ahead, this prospectus also listed the top customers’ sales revenue showing a total sale of 13.7 billion Yuan and a corresponding annual ratio of 3.47% for the first half of this year. The customer list includes
- China Telecom
- China Construction Bank
- China Unicom
- Agricultural Bank of China
The report states that the top five customers’ sales revenue accounted for a relatively low proportion of the current main business revenue, which needed more work to improve the performance. The list also includes two state-own banks as the customer.
Huawei and China Mobile White Paper Launch:
Huawei and China Mobile are working for a long time and jointly have various accomplishments. Early in August, both firms released the 5G white paper in Beijing describing a complete architecture and 5G development map in the industry. This description defines three perspectives in which the 5G need to grow-