Huawei pulls back the curtain on ownership details
February 27, 2014
Who really owns Huawei?
The company claims employees own almost 99 per cent of the company under an “employee stock option plan.” Huawei was founded by Ren Zhengfei, a former Chinese military officer, in 1987. It has become one of the world’s biggest telecoms companies, but has faced serious obstacles in the US because of suspicions about its ownership. The company has repeatedly dismissed claims about possible links to the Chinese government as baseless, and the US government has not made public any solid evidence to back up its concerns. But to try to refute such suggestions, Huawei has started gradually pulling back the curtain on its ownership structure.
Huawei pulls back the curtain on ownership details