Huawei’s aspect companies preserve all of it within the household

HomeStock

Huawei’s aspect companies preserve all of it within the household

By Sijia Jiang


By Sijia Jiang

SHENZHEN, China, Oct 11 (Reuters)On a sizzling summer season morning at Huawei’s new European-themed campus outdoors of Shenzhen, a person resembling a youthful model of firm founder Ren Zhengfei was dressing down two subordinates.

“Use your mind to assume!” he scolded, apparently dissatisfied at how they had been dealing with guests on the lavish facility, which options replicas of European cities and monuments.

The person was Steven Ren Shulu, 63, the youthful brother of Ren Zhengfei, who joined Huawei in 1992 and is now supervisor of the board. The encounter was witnessed by probability by a Reuters reporter throughout a go to to the campus in August.

Huawei could also be one among China’s most world firms – with greater than 180,000 workers in additional than 170 nations operating a telecommunications and know-how enterprise that generates greater than $100 billion yearly – however it nonetheless has components of a household agency, with members of Ren’s household taking part in key roles in net of aspect companies, a lot of which don’t have anything to do with telecoms.



nasdaq.com