Founder of China’s Huawei urges focus on cash flow, survival in downturn

SHENZHEN, China – The founder of China’s Huawei Technologies has told employees the company must shift its focus from pursuing scale to ensuring profits and cash flow as the global economy enters a long period of recession, media reported on Tuesday. “With survival the main principle, marginal businesses will be shrunken and closed, and the … Continue reading Founder of China’s Huawei urges focus on cash flow, survival in downturn