Huawei Fines Its Founder

On January 17, 2018, Huawei sent a notice to all its staff. “In recent years, some business units have had quality accidents and faked business results. The company’s management bears responsibility for weak management.” The standing committee of the board had decided to hold the main responsible leaders to account. The founder, Ren Zhengfei, was fined one million yuan, according to Reuters.

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