Chinese Companies Give Money to Employees to Buy Huawei Handsets
The boycott of the US products and the promotion of Huawei smartphones has the support of China's Communist Party.
A few weeks after Huawei’s chief financial officer was arrested in Canada on the basis of a warrant issued in the United States, several Chinese companies have begun to apply drastic measures to support the local electronics maker.
According to the Nikkei Asian Review, companies both in and out of the smartphone market have announced that they will help in the purchase of Huawei’s smartphones and apply penalties against employees who purchase iPhones.
In total, more than 20 Chinese companies of varying sizes announced that they would increase their purchases of Huawei products after the US Government has warned allies not to use smartphones or network equipment made by the company for fear of spying.
While some Chinese firms have revealed plans to subsidize 10 to 20 percent of the manufacturer’s handset prices, some have even promised to return the full value of the devices purchased by their employees.
According to Chinese government officials, hundreds of local businesses are offering similar plans nationwide. Part of them also includes products from ZTE, which was also considered a threat by the Trump government and even got banned from the land of the United States, which almost caused the company to end its activities.
The actions were taken by Chinese companies, however, include not only benefits for those who support domestic firms, but also punishments against those who show support to the Apple iPhone.
A machine manufacturer located in Shenzhen, home to Huawei, has threatened to confiscate iPhones seen by its employees and dismiss its owners. Another intends to fine employees who buy Apple devices at the same value as the purchased devices.
We will now have to wait for the reaction from both Apple and the US government on this development.