Huawei to give staff $286 million bonus for helping it ride out U.S. curbs

Chinese telecoms giant Huawei Technologies [HWT.UL] said on Tuesday it will hand out 2 billion yuan ($286 million) in cash rewards to staff working to help it weather a U.S. trade blacklisting. The world's largest telecoms equipment provider has said it has been trying to find alternatives to U.S. hardware after the United States all but banned it in May from doing business with American firms, disrupting its ability to source key parts.

from Reuters: Technology News https://ift.tt/2NDhxho