Menpad, an LCD display maker in China that is a Huawei supplier, will fine any employee who buys an Apple iPhone. At the same time, the company will pay a 15% subsidy to workers who purchase a Huawei or ZTE phone. Menpad, an LCD display maker in China that is a Huawei supplier, will fine any employee who buys an Apple iPhone. At the same time, the company will pay<\/b>
\nThe U. S. and China are hardly the best of friends right now. Besides a trade war that has seen both sides impose tariffs on imports from each country, the latest news involving Huawei CFO Meng Wanzhou also has raised tensions between the countries. A U. S. investigation has found that the executive was part of a plot to use the global banking system to do business with Iran. This violates a sanction that the U. S. has placed on that nation. Meng was arrested in Canada and faces extradition to the U. S. As a result of this alleged plot, there is a chance that Huawei could face a U. S. export ban
Additionally, Menpad employees will earn double their normal commissions on sales to the U. S. and the company will also double the rebate to distributors if they obtain a purchase order from the states. These incentives will be in effect for three years, ending December 7th 2021.
„If employees buy any iPhone for themselves, the company will impose a 100 per cent penalty on the basis of the phone\u2019s market price.“-Menpad
The U. S. government considers both Huawei and ZTE to be national security threats and has been telling allies not to use networking equipment and phones made by Huawei. Meanwhile, Huawei is the top global provider of networking equipment and is the second largest smartphone manufacturer in the world.<\/p>\n