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Showing posts with label Chinese multinational. Show all posts
Showing posts with label Chinese multinational. Show all posts

April 18, 2011

Huawei: slowly turning multinational?

As Huawei edges closer to Ericsson as the world’s biggest maker of telecommunications equipment, it is also taking steps towards becoming the first true Chinese multinational.

On Monday the group announced a number of measures aimed at addressing foreign criticisms of its alleged lack of transparency. Though Huawei won’t turn into General Electric overnight, the moves are likely to help the group’s standing abroad.