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Huawei seeks to raise fresh funds from employees amid US trade sanctions

The world’s largest telecommunications equipment vendor adopted a new rule on profit dividends, allowing its employees to buy virtual shares worth 25% of their income from the past five years.

2 mins read
  • South Korean giant expands presence in US as Huawei remains locked out.

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    Samsung wins USD 6.6 billion order from Verizon for 5G telecom gear

    3 mins read
  • While Huawei’s sales also declined year-over-year, it experienced 27.4% quarterly growth, moving it into a virtual tie with Samsung for the place of world’s top smartphone manufacturer.

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