The founder of Chinese technology giant Huawei, has reportedly told the company to brace for “survival” amid the grim global economic outlook, according to a leaked internal memo. Once riding high on the wave of globalization, the successful telecom held one of the largest global shares on shipments of communications devices. However, the company has…
Huawei CEO Reportedly Urges Company to Stay Cash Flow Positive to ‘Survive’ Tough Economic Times
Huawei Boss’s Internal Speech Hints at the Company Possibly Going Public
Ren Zhengfei, the founder and CEO of Chinese tech giant Huawei, said in an internal speech last month that if parts of the business slowly move to the capital market, the manipulation of finances would be a legal problem. His words have led to speculation that Huawei may go public, as U.S. sanctions against Huawei…
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