Huawei to disclose board members

Chinese technology firm Huawei publicly disclosed members of its board on Monday in a bid to calm US nerves about its links to the country’s military, the Financial Times reported. The names, pictures and biographies of members are published in the company’s annual report for 2010. The move is widely seen as a response to the firm’s multiple failures to enter the US market. American policymakers have repeatedly blocked expansion attempts because the company’s founder and CEO, Ren Zhengfei, once served in the Chinese military. The firm announced a 30% profit rise for 2010. Growth was led by its overseas expansions into Asia, Africa and Europe, sales in which expanded by 34%. The China market’s share of Huawei’s sales dropped to 35% in 2010 from 40% in 2009.