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OCTOBER 10, 2019 / 7:13 PM / UPDATED 11 HOURS AGO
Huawei's side businesses keep it all in the family
Sijia Jiang
SHENZHEN, China (Reuters) - On a hot summer morning at Huawei’s new
European-themed campus outside of Shenzhen, a man resembling a younger
version of company founder Ren Zhengfei was dressing down two subordinates.
FILE PHOTO: Huawei founder Ren Zhengfei attends a panel discussion at the
company headquarters in Shenzhen, Guangdong province, China June 17, 2019.
REUTERS/Aly Song/File Photo
“Use your brain to think!” he scolded, apparently dissatisfied at how they
were handling visitors at the lavish facility, which features replicas of
European cities and monuments.
The man was Steven Ren Shulu, 63, the younger brother of Ren Zhengfei, who
joined Huawei in 1992 and is now supervisor of the board. The encounter was
witnessed by chance by a Reuters reporter during a visit to the campus in
August.
Huawei may be one of China’s most global companies - with more than 180,000
employees in more than 170 countries running a telecommunications and
technology business that generates more than $100 billion annually - but it
still has elements of a family firm, with members of Ren’s family playing
key roles in web of side businesses, many of which have nothing to do with
telecoms. |
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