Thursday , November 7 2024

Tag Archives: indictment

Huawei’s founder faces fight for company and family

Beijing, China | AFP | Huawei founder Ren Zhengfei survived food shortages during China’s Cultural Revolution, but now the reclusive billionaire identified as “Individual-1” in a US indictment faces an existential fight for his family and company. Ren, 74, founded Huawei in 1987 with just 21,000 yuan ($5,600) and watched …

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