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> Has the US disclosed why they are cracking down so hard on this one company. I read somewhere that the simplest counter measure Huawei can take is to show it
by est 6y ago
> Has the US disclosed why they are cracking down so hard on this one company.
I read somewhere that the simplest counter measure Huawei can take is to show it's a private company, by publishing its shareholder structure, thus renders the crack down illegal.
But Huawei won't.
- feisuzhu 6y agoHuawei is basically owned by all the employees(98.99%), and Ren Zhengfei only owns 1.01%.
- iaw 6y agoWikipedia seems to disagree with your assertion: https://en.wikipedia.org/wiki/Huawei#Ownership https://en.wikipedia.org/wiki/Huawei#Ownership It may ostensibly be owned by the employees but there's a more complex ownership structure involved than what a normal company would have. " Scholars have found that, after a few stages of historical morphing, employees do not own a part of Huawei through their “shares”. Instead, the “virtual stock is a contract right, not a property right; it gives the holder no voting power in either Huawei Tech or Huawei Holding, cannot be transferred, and is cancelled when the employee leaves the firm"
- deleted 6y ago[deleted]
- feisuzhu 6y agoYou are right, this aligns what I know about.
- 082349872349872 6y agowhat's the legal distinction based on shareholder structure? (I can do my own searching if you can remember a keyword or two)
- jorblumesea 6y agoTo expand on this further... Though notionally a private company, Huawei (notably its founder Ren Zhengfei) has many complex and often opaque links with the Chinese government and the Chinese military. More than a decade ago, Huawei admitted that it unlawfully copied Cisco source code regarding the switches and routers that are the backbone of the internet. Huawei does not disclose details about Chinese-made components it uses in its devices and has admitted that these may be more vulnerable to hacking than some western competitors. The US basically asked point blank to define their organizational structure, connections to the CCP etc. Huawei basically balked and ignored the ask.