Following a recent report that cast doubt over Huawei’s claim that it is wholly owned by its employees, the Shenzhen-headquartered tech giant called a press conference on Thursday aimed at clearing the air.
During that briefing, Huawei reiterated that it is fully owned by its employees, describing, once again, its intricate corporate structure. The company, however, produced little new information that could put the ownership issue to bed once and for all and didn’t fully address questions about who effectively controls Huawei.
An academic paper arguing that Huawei’s claim of employee ownership is implausible under Chinese law was published on April 15, stirring major debate around Huawei and any ties it might have to the Chinese government.
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