Regarding the layoffs of U.S. companies, Huawei responded to reporters on July 24. On May 16, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) listed Huawei and its 68 subsidiaries. The Entity List directly places great restrictions on the business operations of Futureweit technologies, Inc. (the Futurewei). Therefore, Futurewei must adjust its business scope and lay off more than 600 people starting from July 22. Does the United States restrict Huawei? Let the editor of Jintou answer it for you!
Huawei stated that Futurewei is a subsidiary of the company registered in Texas, USA in 2001, with an investment in R&D of US$510 million in 2018. This is a difficult decision, and we will make further arrangements for the affected employees. Provide severance compensation, including salary and benefits. Futurewei will continue to operate its business in strict compliance with local laws and regulations in the United States.
According to Reuters, Huawei employs about 1,500 employees in the United States, including those at Futurewei before the layoffs. 850 employees.
Futurewei has applied for more than 2,100 patents in areas such as telecommunications, 5G cellular networks, video and camera technology, according to the U.S. Patent and Trademark Office.