Money: Chinese firms offer subsidies on Huawei phones in show of support - PressFrom - Canada
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MoneyChinese firms offer subsidies on Huawei phones in show of support

13:45  29 december  2018
13:45  29 december  2018 Source:   msn.com

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Hundreds of Chinese companies are now subsidizing the purchase of Huawei or ZTE phones by A brewing firm in Henan Province offers free alcohol to those who bring in a receipt showing the The Communist Youth League has taken to social media to urge businesses in China to support Huawei .

In order to show support for Huawei , local Chinese businesses are offering subsidies to employees to drive device purchases, reported Nikkei.com. Many firms have subsidised up to 10 to 20% of the cost of the phones for their employees. Some companies are even willing to go an extra mile and

Chinese firms offer subsidies on Huawei phones in show of support© Provided by AFP The surge of patriotism began after Meng Wanzhou, Huawei’s chief financial officer, was detained in Canada on December 1 on a US extradition request

Note: Currency in U.S. Dollars

Chinese firms are encouraging staff to buy Huawei smartphones following Canada’s arrest of a top Huawei executive on a US extradition request, which has triggered an outpouring of nationalist support.

Several companies are offering employees subsidies for Huawei phone purchases, while others have even warned staff against buying Apple products.

In eastern China, Fuchun Technology said "nearly sixty" out of its 200 employees have taken advantage of 100 to 500 yuan ($15 to $29) Huawei phone subsidies as of Saturday.

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Huawei hasn't had the best few months, but other Chinese companies are rallying to show support The incentives are part of a broader initiative of showing support for Huawei , one of China ’s biggest firms . And, on the unconventional end of the spectrum, a brewery in Henan Province will offer both

Spy claims. The Huawei Mate 10 Pro. The Chinese company is selling its flagship phone without a In 2016, security firm Kryptowire said tens of thousands of mostly inexpensive Android phones A visitor uses his phone during the Mobile World Congress wireless show , in Barcelona, Spain, Feb.

Another tech firm, Chengdu RYD Information Technology, has offered 15 percent subsidies, though it declined to disclose how many employees have actually taken advantage of the benefits.

"We are supportive of good China-made brands," a spokeswoman told AFP, adding that the subsidies are part of employee benefits and were not "guided by the government."

One company has even threatened to fine employees who buy iPhones, charging them 100 percent of the smartphone's market price.

"Stop buying US brands for company equipment," Shenzhen-based Menpad said in an internal notice, confirmed by AFP.

The surge of patriotism began after Meng Wanzhou, Huawei’s chief financial officer, was detained in Canada on December 1 on a US extradition request linked to sanctions-breaking business dealings with Iran.

A Chinese company won’t promote staff who buy iPhones

A Chinese company won’t promote staff who buy iPhones China seems to have reserved most of its ire over the arrest of the CFO of Chinese telecom giant Huawei for Canada—but at least one…

A flurry of companies in China are now giving discounts to customers with Huawei mobile phones amid an outpouring of support for the tech giant's arrested. The midsized startup said on its official social media account that it would also offer employees a 15 per cent subsidy on Huawei products.

Chinese companies offer discounts to customers using Huawei phones to show their support for As tensions between China and the US grow over Meng's case, other Chinese firms have earlier Conversely, it will reward staff who buy Huawei or ZTE phones by giving them a 15 per cent subsidy .

She has since been released on bail pending her US extradition hearing, and is now living under electronic surveillance in a luxury home in Vancouver.

Ottawa has repeatedly said Meng's arrest was not political but rather part of a judicial process in keeping with an extradition treaty with Washington.

But some in China see Meng's arrest as part of a broader conspiracy to suppress China's high-tech enterprises, with nationalist tabloid Global Times accusing Washington of "resorting to a despicable rogue's approach" because it cannot stop Huawei's progress in the 5G market.

The internal notices announcing the Huawei subsidies started circulating on China’s Twitter-like Weibo earlier this month, and have split Chinese internet opinion.

Some users were in favour of buying phones in the name of patriotism, while others questioned whether or not Chinese firms were simply leveraging Huawei's case as a marketing strategy or branding opportunity.

A Chinese company won’t promote staff who buy iPhones

A Chinese company won’t promote staff who buy iPhones China seems to have reserved most of its ire over the arrest of the CFO of Chinese telecom giant Huawei for Canada—but at least one US company is facing some pressure. In the wake of the arrest of Meng Wanzhou Dec. 1 at the request of the US on suspicion of violating sanctions on Iran, some companies announced they would favor Huawei devices over competitor Apple, and offer employees money to do the same, according to a Yahoo report. Huawei, apart from being the world’s biggest provider of telecom equipment, overtook the US company in smartphone sales in August.

Because of massive Chinese subsidies to several industries, no free trade exists and markets have failed. To survive, U.S. and European companies must seek government support to open Chinese markets and to protect themselves from subsidized products domestically.

The United States undercut China ’s technology ambitions on Tuesday, advancing a new rule that would limit the ability of Chinese telecommunications companies to sell their products in this country. The Federal Communications Commission voted unanimously to move forward with a plan that would

"Those companies are conscientious for standing by Huawei’s side," praised one Weibo user, using a thumb's up emoji. "The government should also publish an official document to support domestic brands."

But another user, who said they supported Huawei, criticised the practise of punishing staff who purchase Apple products. To win respect, domestic tech brands should "keep fighting despite setbacks and adopt an attitude of not accepting defeat," they said.|

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