Hua can either mean "splendid" or "China", while Wei means either an action or an achievement.
Huawei considered changing its name as it became a prominent force globally, but decided to keep it.
Many may believe that LG stands for "Life's Good," but this slogan is not its name.
LG's electronics section was founded as "GoldStar" and was a major player in the development of new technologies in South Korea for decades.
In 1995, it merged with Lucky Chemical and LS Cable, and changed its name to Lucky-Goldstar – which was then shortened to LG.
Sony was originally founded as Tokyo Tsushin Kogyo, and was focused on producing and selling tape recorders and tape.
After returning to Japan from his first visit to the USA, founder Akio Morita decided he needed a name that was more recognisable outside of Japan.
TTK – a shortened version of the founding name – was unavailable as this was the Japanese national telephone company's name.
Instead, he decided to name the company Sony based on two words – sonus – latin for sound – and the phrase "sonny boy", which he believed represented the youthfulness and energy that he wanted the company to represent.
Microsoft founders Paul Allen and Bill Gates first jokingly considered names such as "Outcorporated Inc" and "Unlimited Ltd".
The name "Allen and Gates" didn't catch their fancy because companies like IBM and DEC weren't named after their founders, and they believed that this increased the longevity of the brand.
They finally chose Microsoft - although it was originally styled "Micro-Soft."
The company was developing "Microcomputer software" and Microsoft is a shortening of these two words.
Facebook founder Mark Zuckerberg originally created Facemash, a digital platform where students would be shown two female students' pictures side by side, and they chose who the more attractive one was.