Huawei's China Consumer Sales Head Detained in Corruption Probe
- Police have detained executive on suspicion of graft
- Company didn’t specify the charges against the executive
Attendees during a Huawei Technologies Co Ltd. launch.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Huawei Technologies Co., China’s biggest maker of smartphones, said the head of sales for its domestic consumer business has been detained in a corruption investigation.
Police have taken immediate action on Teng Hongfei on “suspicion of taking bribes,” the Shenzhen-based company said in a statement Wednesday. Teng ran Chinese consumer sales for the company, which over the past year rose to No. 1 in smartphones at home and No. 3 globally to become a major rival to Apple Inc. and Samsung Electronics Co.