To further expand in Europe, Huawei Technologies planned to create 5,500 local jobs within five years.
President of the top telecom equipment supplier in charge of marketing solutions for enterprise service told media that the company will offer IT solutions to local companies, which is likely to generate turnover reaching USD 1 billion in the future three to five years.
Although the European Commission blamed Huawei Technologies and ZTE Corporation (SEHK: 0763 and SZSE: 000063) of unfair competition, Huawei Technologies still planned to expand locally. The above top executive pointed out that Europe has greater growth potential than US.
Source:
http://www.sinocast.com/readbeatarticle.do?id=99778
