Initially Huawei mostly sold telephone exchange equipment from Hong Kong .
In 1987 , Ren founded Huawei Technologies Co. Ltd with 21,000 yuan , around US $ 5,000 at the time .
Initially Huawei Technologies Co. Ltd mostly sold telephone exchange equipment from Hong Kong .
In 1987 , Ren founded Huawei Technologies Co. Ltd with 21,000 yuan , around US $ 5,000 at the time .