Early Life and Education
Qiu Wensheng, a prominent figure in the Chinese technology landscape, was born and raised in China. He pursued higher education at the prestigious Tsinghua University, where he earned a degree in mechanical engineering. He later obtained a master's degree in chemical process machinery from Zhejiang University.
Rise to Success
Qiu's career began as a software engineer at ZTE Corporation, a Chinese telecommunications hardware maker. In 2005, he co-founded Huaqin Technology, which initially focused on feature phone motherboard solutions. The company later transitioned to producing smartphones and evolved into a leading Original Design Manufacturer (ODM).
Key Business Strategies
Qiu Wensheng's business philosophy emphasizes strategic expansion and cost control. He has invested heavily in smart manufacturing bases to create a 'one-stop delivery' model for customers, adopting a strategy of 'small profits in exchange for scale'. This approach allowed Huaqin to grow significantly, especially in the high-performance computing sector. Furthermore, Qiu is expanding into new areas such as automotive electronics and robotics. In 2024, Huaqin's revenue was approximately 110 billion yuan.
Recent Developments
In July 2024, Huaqin Technology, under Qiu's leadership, announced its plan to acquire a 6% stake in Jinghe Integrated, marking its foray into wafer manufacturing. This strategic move aims to diversify and expand the company's capabilities within the semiconductor industry.