Huawei takes out full-page WSJ ad: ‘Don’t believe everything you hear’ – CNBC
What happened: Huawei on Thursday issued an open letter to American media on Thursday, inviting them to visit the company in hopes of dispelling negative perceptions about the company. The letter, signed by a board director named Catherine Chen, aims to help the two sides “understand each other better” following the US government’s “misunderstanding.”
Why it’s important: As CFO Meng Wanzhou’s Mar. 6 extradition hearing date nears, Huawei is on a rare media blitz to revamp its image. Meng remains out on bail in Canada and faces extradition to the US for charges related to violating sanctions on Iran. US authorities have warned the public against using its equipment or services and top US research universities have frozen their collaborations with Huawei. In a media roundtable in Canada on Feb. 22, Huawei chairman Liang Hua said the company seeks to enhance its research and development investments and “improve the partnerships with Canadian universities.”