Ren Zhengfei has urged employees to focus on profit. Photo: Xinhua
Ren Zhengfei has urged employees to focus on profit. Photo: Xinhua
Huawei

Huawei founder Ren Zhengfei urges employees to prepare for hard days ahead and focus on profit not sales

  • Ren told employees in a memo that they should focus on profits and cash flows instead of revenue to ensure the company’s survival
  • The internal warning indicates Huawei is in crisis management mode amid falling revenues and profits

Ren Zhengfei has urged employees to focus on profit. Photo: Xinhua
Ren Zhengfei has urged employees to focus on profit. Photo: Xinhua
READ FULL ARTICLE