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Military funding, surveillance and smart phones: Huawei, what's going on?


Executive Grapevine | Executive Grapevine International Ltd

Military funding, surveillance and smart phones: Huawei, what's going on?

In 1987, Ren Zhengfei, a former People’s Liberation Army officer, founded the future telecommunications juggernaut Huawei.

The company expects to bring in more than $100billion in sales this year alone, but it’s not been without it’s support. They’ve had an interesting past too, with the arrest of their CFO in December 2018 on fraud charges and an investigation in January of this year into the possibility of Huawei stealing US trade secrets. And yet they’ve secured a deal with the UK Government to help build its 5G network at the same time as releasing the P30, a phone with one of the best cameras and displays on the market currently. What’s going on?

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