Huawei will give $285 million bonus to employees for enduring the US ban


Huawei
Huawei will give $285 million bonus to employees for enduring the US ban
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After an initial period of doubts and uncertainties, Huawei future is shifting more and more from dependence on American technologies. This is also thanks to the support of companies such as ARM and TSMC, which will continue to collaborate with the Chinese company despite the climate of tension between the parties. But even its own workforce is playing a fundamental role in the search for independence, especially in key sectors for research and development. And this is why the Chinese giant has decided to set up big economic incentives to encourage this trend.

Bonuses and double the salary for some Huawei employees in the fight against the USA

Huawei's R&D

As the SCMP reports, Huawei employees will be able to benefit from the doubling of the salary for the current month. Not a little, given that the company has something like 190,000 employees. Furthermore, the incentives also include 2 billion yuan, about 285 million dollars. Which will be given to the various members of the sectors considered to be focal points for the company’s future. These last bonuses, in fact, will not be for everyone. According to this source, it would concern the employees of the Research and Development sector. Alongside with the software development team and HiSilicon, the subsidiary responsible for the production of Huawei chipsets.

Given the hight sales in China, where it is almost 50% of the market share. The company has assigned part of the revenue growth for its employees.

Source :

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