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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

Where s the money, Lebowski? : Staff protest against the world s first foldable phone maker after a year without pay

“Where’s the money, Lebowski?” is one of those catchlines that will stick for another 25 years at a minimum. Now, it s (probably) being shouted out loud in China.

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