Huawei still fighting for 'survival' as Meng Wanzhou returns to corporate stage

Key Facts

• 01:07 - Source: CNN Huawei executive Meng Wanzhou hailed a hero upon return to China Hong Kong CNN Business — Meng Wanzhou, the senior Huawei executive whose detainment in Canada became a flashpoint of US-China tensions, returned to the corporate stage Monday as sanctions continue to slam its business.
• Meng returned to China last fall after a long-running extradition battle with the United States, where she and Huawei had been charged for alleged bank fraud and evasion of economic sanctions against Iran.
• Meng was allowed to return home last September after reaching an agreement with the US Department of Justice to defer her prosecution until late 2022, after which point her charges could be dropped.
• It reported growth in sales of other consumer gadgets, such as wearable tech, and said that industrial use of its 5G technology had proven to be a bright spot.

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