1. POSITIONING OF CHINESE COMPANY HUAWEI IN THE RUSSIAN MARKET
- Author
-
Grigan, N.
- Subjects
Huawei company, positioning, positioning tools, Russian market of information and communication technologies, SPACE matrix - Abstract
In today's globalizing and ever-growing economy, competition between companies is constantly growing and market share is shrinking. Therefore, in order to enter new markets, companies try to create a competitive edge by positioning new products that focus on consumer behavior and perception. In this sense, the concept of “product positioning strategy” appeared, and modern companies pay great attention to this area of activity. Huawei entered the Russian market in 1996 and immediately won the trust and interest of Russian buyers. As one of the largest companies in the field of information and communication technologies, Huawei is ready to offer the Russian market a unique technological experience, joint development of hardware and software solutions, as well as the organization of joint ventures in Russia. Working on the Russian market, the company has fully felt the impact of new factors that have appeared or are growing in recent times. These are the COVID-19 coronavirus pandemic, the complication of logistical problems, the US sanctions, the global economic crisis, the ban on investments for US investors, and other factors. The impact of these factors has significantly changed the situation in the Russian market, which, in turn, requires a correction in Huawei's strategy. Determining the direction and magnitude of the correction of the strategy, the company needs to position itself in the Russian market and assess the possibility and necessity of its implementation. This article presents the results of positioning the Chinese company Huawei in the Russian market using various positioning tools.
- Published
- 2022
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