Most employees at Huawei Technologies are back in action after the outbreak of the corona virus. That said the CEO and founder of the company, Ren Zhengfei, in an interview with the Wall Street Journal. With the exception of Hubei, the province in the epicenter of the outbreak, none of the employees were infected with Corona. Those who were affected there "recover now"Ren said South China Morning Postwithout naming numbers.
Huawei also had a special permit for its production during the official shutdown in China a few weeks ago. The company plans to increase its research and development budget this year by $ 5.8 billion to over $ 20 billion, the founder said to the Wall Street Journal.
More than 90 percent of the approximately 150,000 employees based in China are now active again, even though the trips abroad have been shortened and increasingly focused on video conferences. The company has helped severely affected suppliers, including medical aid.
"For a large number of international contracts, you do not have to send employees on site"Ren said. "Even in the current situation, we can increase our sales."
The outbreak had caused the company to lower its targets for the year, Ren said, although the details wouldn't be clear until next month. Smartphone sales outside of China are declining, although the decline has been more than offset by strong domestic sales.