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Huawei to build $200 million R&D center in the UK

Chinese telco, Huawei, to spend $200 million on a new R&D center in the UK (SHE:002502)

| Business, Financial & Legal News | Posted: Oct 16, 2013 11:02 am

Huawei is set to build a new R&D center in the UK, where the Chinese telco giant will spend around $200 million on it as part of its $2 billion investment plans. At the moment, Huawei employ around 80 R&D staff in its office in Ipswitch, with this number ballooning out to 300 once the new R&D offices are opened in 2017.

 

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This is big news as it pushes Huawei to be bigger and bigger, with the Chinese company now the biggest telecommunications equipment maker in the world, where it employs over 150,000 people across the world. Over the next couple of years Huawei will employ an additional 5,500 people throughout Europe as it focuses on making inroads into Europe after the US accused it of having strong ties with Chinese military and the government.

NEWS SOURCES:Zdnet.com

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