Breaking them Down
By now, Huawei is a familiar name given its line of smartphones, the controversies over the arrest of its CFO in Canada in 2018 related to U.S. sanctions allegations, and the protracted hand-wringing in Switzerland over the company’s role in the construction of 5G networks for Salt and Sunrise.
DJI, by its own account the world’s largest maker of civilian drones, is somewhat less recognizable even though its products have been widely sold internationally for several years. It too has been embroiled in a protracted stand-off with different departments of the U.S. government, which is trying to restrict state and federal use and purchase of its drones.
Tencent, likely the least known of the three, owns Wechat, a self-searchable social media cum messaging app that now handles a significant proportion of cash payments within China (together with ANT, part-owned by Alibaba, which is currently making an IPO offering).
