Home Business Chinese firms offer subsidies on Huawei phones in show of support

Chinese firms offer subsidies on Huawei phones in show of support

0
207

SHANGHAI: Chinese firms are encouraging staff to buy Huawei smartphones following Canada’s arrest of a top Huawei executive on a U.S. 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. 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.