Huawei awarded $ 286 million as bonuses to staff to help them through the US trade embargo

Huawei Company

It was 2019 certainly a difficult year for Huawei because of the US trade embargo, which made it difficult for the company to provide components, software and various necessary products. Despite all the obstacles, the company managed to move forward and continue its growth in key sectors including the sector of smart phones and wireless networks.

As a sign of gratitude to their employees who work hard, the Huawei is ready to give rewards to an estimated two million Chinese yuan ($286 million ) to more than 190 thousand employees in 170 countries. According to the memorandum of the company, the interior of which has been leaked, all the staff of the Huawei Active who have rated the performance higher than C there are no breaches of security, will receive a bonus equal to the salary of their primary for the month of October.

In the devices Huawei New Balance limited at the global level, the performance in its domestic market was good enough to make up for it. Recently, we have seen strong shipments to buy Huawei in the third quarter of this year, which showed that the company is still considered to be the second largest manufacturer of smartphones in terms of shipments, while also recorded year on year growth high of 28 percent.

To move forward, is expected to begin US Department of Commerce finally issued their licenses own business for many US technology companies that want to resume trade relations with Huawei. To be sure, this move would be a welcome step from Huawei but it remains to be seen whether it will grant permission for the corporate technical American the big boys like Google by the US government.

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