[Reuters] Insight: Outsider Ren pits Huawei against the world

Posted by: UGN Security

[Reuters] Insight: Outsider Ren pits Huawei against the world - 04/23/12 04:55 AM

(Reuters) - In the 1990s, Huawei CEO Ren Zhengfei visited the United States several times, hoping to learn from its leaders of industry about how to turn his Chinese telecoms equipment maker into a global company. On one trip in 1992, in the days before China had credit cards, he paid all his bills with cash from a $30,000 stash in his briefcase.