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Tuesday, November 12, 2019

Huawei to give $286 million in staff bonuses for helping it through the US trade ban


2019 was absolutely a troublesome year for Huawei with the US exchange boycott, which made it difficult for the organization to supply different parts and programming for its items. In spite of the considerable number of hindrances the organization figured out how to push through and proceed with its development in key divisions including its cell phone and remote system organizations. 




As a token of appreciation to its persevering representatives, Huawei is prepared to give an expected CNY 2 billion ($286 million) in rewards to more than 190,000 staff individuals crosswise over 170 nations. As per a released interior organization reminder, all dynamic Huawei workers with a presentation rating above C and no security infringement will get a reward equivalent to their October base pay. 


While Huawei's new handsets are seeing constrained accessibility globally, its presentation in its household showcase has done well to counterbalance it. Most as of late, we saw Huawei's solid Q3 cell phone shipment results, which indicated the organization is as yet the second-biggest cell phone organization as far as shipments while additionally posting a high yearly development at simply over 28%. 




Going ahead, the US Commerce Department is at long last expected to start giving its unique exchange licenses for a large number of US tech organizations that need to continue their business ties with Huawei. This move would unquestionably be an invite move for Huawei yet it is not yet clear if key players like Google will be conceded approval by the US government.

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