Huawei Technologies has renewed its PR contract with Racepoint Global for another year effective Nov. 1.
The US arm of the Chinese smartphone/telecom gear company has allotted a fee budget of $1,938,720 for the effort. The monthly fee will be based on hours worked. Out-of-pocket expenses are capped at $800K.
The statement of work covers strategy & planning, media outreach, KOL/analyst program, marketing & events, content, executive social media content and measurement.
Larry Weber's firm also is available for special assignments, which may include video production/large-scale editing, major events & activations, brand social media content and PR outside the US.
Those assignments are subject to additional fees and a rejiggering of the SOW agreement.
The US government has sanctioned Huawei because it is perceived as a security threat. Huawei denies that charge.