Huawei Selects Basingstoke For European HQ;
To Hire 200 Over Three Years
Leading Chinese telecommunications maker Huawei Technologies
has selected Basingstoke in the UK as its European headquarters,
and plans to create 200 jobs there over the next three
years.
The selection of a UK site for Huawei's European headquarters
is a major boost for UK Trade and Investment, a government
organization which actively promotes trade with the UK,
and actively invites investment.
Huawei
Technologies was founded as a communications equipment
maker in 1988, where its products are most popular in
non-US markets. In the US, Cisco and Juniper Networks
dominate. Its most popular products are routers and switches,
which funnel traffic over the Internet. Its products are
priced lower than the leader in the field, Cisco. 3Com,
formerly one of the larger US communications equipment
vendors, has a partnership
agreement with Huawei.
The company is particularly active in developing markets
and in Europe. Recently, it has won projects in Indonesia
and Sweden
. In China, it has already established itself as a major
supplier to China Mobile, the country's major wireless
carrier, as well as the country's other carriers. The
latest statistics for the number of wireless service subscribers
in China is 290 million, which is greater than the population
of the US, the world's second largest market.
Unlike most Chinese multinationals, the company has been
active in setting up development centers outside China
from an early stage, particularly in India
, which is well-known for its software development skills.
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