Police nab ex-Huawei staff on alleged leak
Print Edition
SIX former employees of Huawei Technologies have been detained by the police because they were alleged to have leaked business secrets to domestic smartphone rivals.
The former employees of Huawei’s consumer business group allegedly leaked business and confidential materials to local rivals including LeEco and Coolpad for personal interests. If the allegations were true, they violated the law and the company’s policy, said Shenzhen-based Huawei, which reported the case to the local police.
LeEco and Coolpad didn’t comment on the issue yesterday. LeEco is the biggest shareholder of Hong Kong-listed Coolpad with a 28 percent stake.
Huawei is expected to sell 140 million smartphones in 2016, up from 100 million units in 2015. It was ranked one of the top-three vendors in China’s smartphone market along with Oppo and Vivo at the end of the third quarter, said researchers like IDC.
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