Huawei denies offer to invest in ex-unicorn Royole, a bankrupt Chinese flexible display maker
Huawei Technologies, the world's largest telecommunications equipment vendor, has denied it had any plan to invest in Royole Corp, the former high-flying Chinese start-up that rose to fame in 2018 for launching the industry's first foldable smartphone ahead of Samsung Electronics. That denial was issued on Monday in response to a WeChat post, which went viral on Sunday across Chinese social media, by former Royole independent director Liu Shuwei, who serves as director of the China Enterprise Re
Source: yahoo.com
