• ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      3 years ago

      It’s not really disputed, and the article is just trying to throw shade. For example, this gem:

      Huawei’s ownership is a murky matter because the company has never, in more than three decades of existence, sold shares to the public.

      It’s like they don’t understand the concept of a cooperative? If a company sells public shares then it’s owned by share holders.

      Also, painting the fact that Huawei works with the government as being outlandish is also hilarious. Every US tech company works with US government and gets massive government subsidies.

      In fact, if the government exercises some control over the company that’s actually a very good thing.

      • vegai@lemmy.ml
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        3 years ago

        I don’t think they’re calling Huawei bad, they’re just highlighting the differences between what a “share” means in China and what it means in the western world.

        Sharing profits with the employees is definitely a good idea at least morally and I would guess that it’s pretty great as an incentive too. But do they actually own the company? Could they fire the founder (currently deputy Chairman of the board of Directors) Ren Zhengfei who nominally owns only 1% of the company?