To be sure, the telecomequipmentmanufacturer has been having a rough year, suffering through an accounting scandal, as well as civil and criminal investigations by both American and Canadian officials.
After several days of defiance, Chinese telecomequipmentmanufacturer Huawei announced Monday that it would abide a recommendation from the Committee on Foreign Investment in the United States (CFIUS) that it divest of U.S. technology company 3-Leaf.
So far 28 companies, including telecomequipment makers ZTE and Huawei and bus manufacturer Xiamen King Long Automotive, have signed up for the Ruba-Haier industrial park.