All September 7, 2020 1 min read

SCMP: Huawei seeks to raise fresh funds from employees

Huawei has launched an internal funding program that is selling virtual shares to employees, according to South China Morning Post. The program is seen as a way for Huawei to raise funds for its R&D programs amidst increasing pressure from U.S. sanctions. Huawei did not confirm the report.

https://www.scmp.com/tech/big-tech/article/3100548/huawei-seeks-raise-fresh-funds-employees-amid-us-trade-sanctions

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Every article published by Converge Digest is researched, curated, fact-checked and editorially reviewed by Jim Carroll, Editor & Publisher. AI-assisted drafting may be used to accelerate production, but all content is reviewed, refined and approved prior to publication.

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