While the U.S has been accusing Huawei of installing backdoors on its networking equipment that can be used to steal sensitive user data, this time Huawei is moving its senior executives and scientists linked to the U.S. to its subsidiaries over concerns that they could be secretly contacted by American agents who might force them to reveal sensitive company information.
A couple of such Huawei officials include Sunhom Steve Paak and Wang Hsin-shih. The former has reportedly been moved to HiSilicon Technologies to serve as the chief technology officer. On the other hand, the latter has made an abrupt exit from the company. While the sources questioned the two employees and Huawei, they either did not reply or decided not to make any comments on this report.
As of now, the Chinese corporation has laid off 70% of its employees at one of its U.S. subsidiary, Futurewei due to the fact that it can no longer maintain trade relations with any other American companies.
In the month of March this year, Huawei sued the U.S. government, claiming that American authorities had “hacked into its company servers to steal emails and sources codes” which is yet to be proved.
Nonetheless, Huawei is maintaining a firm stance and seems to deal positively to the whole situation. At a press conference held in September, Huawei’s founder and CEO, Ren Zhengfei made the following statement:
We can find mathematicians in Russia, scientists from Europe … if we can’t from the U.S.
Moreover, senior Huawei executives had previously declared that they want to recruit “young geniuses” from around the world. They have also boasted the new hires at Huawei with doctorates are offered an annual salary of upto 2 million yuan ($281,000) which is higher than Google or Apple.Editor’s Pick: TNo mid-range smartphone or physical stores in China: OnePlus CEO Pete LauITLE
While the U.S ban has drastically affected the sales of Huawei’s offerings which includes smartphones and telecommunication equipment, the company posted surprising results earlier today which exhibit 24 percent growth in first three quarters of 2019 to 611 billion yuan (US$86 billion).
To wrap things up, this is a tricky situation for Huawei which it seems to be handling boldly with strong support from the Chinese government. For now, we can only wait and watch what the future holds for the company.
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