Huawei closes corporate sales division in Russia

The Chinese manufacturer of electronics Huawei is closing its division of corporate sales of data storage systems and telecommunication equipment in Russia. The division employed about 2,000 people who were asked to transfer to the CIS countries or quit.

Report informs, citing Kommersant, that the supplier retains centers for the development of promising technologies in the Russian Federation. Supplies of Huawei equipment will continue through parallel imports, market participants believe, and distributors who will hire laid-off specialists will take over technical support.