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3 Tuesday, April 16, 2019 09:49

Huawei's rise to the top wasn't pretty

Hong Kong (CNN Business)Huawei is one of the biggest and most controversial tech companies on the planet. Its products are at the heart of a clash between the United States and China that is straining longstanding alliances and may define the future of the internet.The company started out small, selling cheap telephone switches in the 1980s in rural China.
The story of how it grew into a business with annual revenue of more than $100 billion is one of naked ambition, government support and questionable business tactics.Huawei is now battling a US campaign that aims to shut the Chinese company's equipment out of the next generation of wireless networks, known as 5G.
Ultra-fast 5G networks will be used to connect everything from mobile phones to self-driving cars. Mobile operators like the UK's Vodafone (VOD) and Canada's Telus (TU) say banning Huawei could disrupt the rollout of 5G and undermine technological progress. But the US government claims Huawei gear could be used by Chinese intelligence services for spying on other countries.
Huawei's founder said the company has not been asked to share "improper information" and that it works independently of the government; the Chinese government denies stealing intellectual property and committing unfair trade practices.If history is anything to go by, Huawei will fight tooth and nail to protect its business around the world.
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png); padding-top: 56.282051282051285%; } } .m-infographic--1555075783178{ background: url(//cdn.cnn.com/cnn/.e/interactive/html5-video-media/2019/04/12/20190412_Huawei_revenue_2018_medium.png) no-repeat 0 0 transparent; height: 439px; width: 780px; } Read MoreHungry like the wolf Ren Zhengfei, a former engineer in the Chinese army, founded Huawei in 1987 and has been its CEO since 1988.
His military background strongly influenced the company's management style, resulting in what became known as Huawei's "wolf culture."Ren wants his employees to stay hungry. He told CNN in an interview this month that the US campaign against Huawei will be good for employees that have become "lazy, corrupt and weak" after decades of success.
.The CEO often talks about "wolf spirit" and has in the past told colleagues "to be shameless" in their.....
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News Code: 110862  |  CNN
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