Huawei paying millions of dollars in ‘bonuses’ to its employees for fighting US ban

Huawei is reportedly distributing $286 million in the shape of bonuses among its employees for rewarding them for sticking through tough US restrictions on the company.

Additionally, it has also announced that most of the employees from the R&D division and the teams working on finding alternative supply chains after the US ban, will get a double salary this month.

- Advertisement -

The decision from the company has become a source of joy for nearly 194,000 Huawei employees across the world who have spent recently on 11/11 sales and also preparing for upcoming ‘Black Friday’.

Despite the US ban, Huawei seems to have weathered the storm by securing 5G contracts and selling more smartphones worldwide, majorly at home where Chinese consumers have shown a strong gesture against US extreme measures against the company.

In the third quarter of 2019, Huawei bagged 42% market share in the Chinese smartphone market-crushing Apple, Xiaomi, and Oppo.

The latest move shows Huawei’s ability to withstand the US ban it put in May this year. Not only the US-based companies were directed to stop working with Huawei, but Donald Trump also persuaded its allies to blacklist the company on account of a threat to national security.

- Advertisement -

Huawei recently announced to hire 20 to 30 talented people this year from all over the world at huge salaries for showing its passion towards innovation no matter what comes in its way.

Recent Articles

vivo launches OriginOS skin to fully replace FuntouchOS on its phones

vivo has launched its new operating system skin OriginOS which will replace the existing FuntouchOS on all vivo phones in the coming months

Why you need Android 11 and which phones are getting it?

After months of leaks, previews, and beta programs, Android 11 is finally live. The new software was announced on 8th September 2020...

Android 11: The Top Features You Need to Know

Android 11 is finally here. Here are all exciting features present in the OS, some available to all while others exclusive to Pixel phones.

Infinix Zero 8 focuses on mobile photography with its 64MP camera

Infinix Zero 8 is coming with some tall promises in Pakistan. The company believes its 64MP camera can revolutionize the mobile photography.

Leave A Reply

Please enter your comment!
Please enter your name here