FedEx ‘may have held’ Huawei boxes - News Summed Up

FedEx ‘may have held’ Huawei boxes


Beijing started a probe into FedEx last month after Huawei said that the delivery firm had diverted parcels intended for it. “The investigation showed that FedEx was suspected of holding up more than 100 Huawei packages entering China,” Xinhua said. The report comes a day after Huawei said that US-listed company Flex “seized” its goods in China. Flex kept the Huawei assets in its factory in the southern city of Zhuhai after the US blacklisting and caused losses for Huawei, the report said. Huawei said that it had last month retrieved about 400 million yuan of goods after negotiations and is still trying to take back the rest.


Source: Taipei Times July 26, 2019 16:04 UTC



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