Happy New Year - Huawei closes its Russian telecommunications equipment sales division on January 1

Huawei will leave Russia without its Enterprise Business Group division. It sells telecommunications equipment.

Here's What We Know

This is reported by the Russian media, citing its sources familiar with the situation. Huawei Enterprise Business Group will close on January 1, 2023. About 2,000 people now work there.

The majority of the employees will remain unemployed, refusing the offer to move to one of the CIS countries. Huawei has no plans to sell the office in the hope of returning to Russia after "the situation in Ukraine changes. I wonder what this situation is, and what does Russia have to do with it?

Moreover, the Chinese company will not close its research and development centers. They are located in Moscow, St. Petersburg, Novosibirsk and Nizhny Novgorod.

Source:
Image: Reuters