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Huawei Technologies

May 8, 2013

One of China’s best-known companies is to shun second-generation management in favour of passing on control to non-family managers. 

One of China’s best-known companies is to shun second-generation management in favour of passing on control to non-family managers.

Ren Zhengfei, who founded Huawei Technologies – China’s biggest technology company with revenues of more than $35 billion (€30 billion)– 26 years ago, said he would not be passing on the business to any member of his family.

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