Two years on, Huawei still fighting for survival as CFO extradition case ongoing

//Two years on, Huawei still fighting for survival as CFO extradition case ongoing

Two years on, Huawei still fighting for survival as CFO extradition case ongoing

On December 1, 2018 Meng Wanzhou, Huawei Technologies’ CFO and daughter to founder Ren Zhengfei, was arrested at Vancouver airport as she changed planes en route to Mexico. Infuriating Beijing, which retaliated by arresting two Canadian nationals, the arrest also marked a turning point in Huawei’s fortunes.Two years on, the Shenzhen-based company has been cut off from the advanced US technology it desperately needs to stay at the forefront of its 5G and smartphone ambitions. To cope, the…

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By | 2020-11-30T22:30:10+00:00 November 30th, 2020|Technology|Comments Off on Two years on, Huawei still fighting for survival as CFO extradition case ongoing