Hong Kong (CNN Business) The detention of a top Huawei executive is prompting some Chinese companies and business groups to call for workers to boycott products from US companies like Apple, prompting fears of a wider backlash. Several organizations across China have issued notices urging staff members to show their support for Huawei, threatening punishment against anyone caught with Apple ( AAPL ) products or even offering subsidies to buy Chinese smartphones. Shenzhen-based electronic parts supplier Menpad said Monday that it would give a 15% subsidy to any employees who bought phones from Chinese companies Huawei and ZTE ( ZTCOF ). It would also be offering staff a 15% subsidy on Huawei products. "Our company actively backs the calls to support Huawei and protect national brands with real action," the company's statement said.
Source: CNN December 11, 2018 13:07 UTC