Huawei to give staff US$286mil bonus for helping it ride out US curbs


SHENZHEN: Chinese telecoms giant Huawei Technologies said it will hand out 2 billion yuan (US$286mil) in cash rewards to staff working to help it weather a US trade blacklisting.

The world’s largest telecoms equipment provider has said it has been trying to find alternatives to US hardware after the United States all but banned it in May from doing business with American firms, disrupting its ability to source key parts.

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