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China's Huawei to add 5,500 jobs in Europe in 5 years: Newspaper

Published on Sep 21, 2013 3:42 PM
 
This file photo dated October 8, 2012 shows staff and visitors walking past the lobby at the office of telecommunications equipment firm Huawei Technologies in Wuhan, central China's Hubei province. -- FILE PHOTO: AFP

BEIJING (Reuters) - Chinese telecommmunications equipment maker Huawei plans to create 5,500 jobs in Europe within five years as the company expands its services in the region, state-owned newspaper China Daily said on Saturday.

Huawei, the world's second-largest maker of telecoms communication equipment, is to offer information technology solutions to European businesses, Mr Patrick Zhang, president of marketing and solutions at Huawei Enterprise Business Group, told the newspaper.

This business is expected to generate turnover of US$1 billion (S$1.25 billion) in the next three to five years, he added.

The company is launching its expansion despite the European Commission's allegations of anti-competitive behaviour by Huawei and Chinese peer ZTE .

 
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