Post by account_disabled on Dec 30, 2023 4:29:33 GMT
Bangkok/ 13 January 2020 – Huawei Technologies, the world's number one 5G equipment manufacturer. There are plans to build a large-scale 5G equipment manufacturing facility in Europe. To deepen cooperation with European countries, Huawei Founder and CEO Ren Zhengfei recently told The Globe and Mail that building future factories in Europe is Responds to the company's business expansion plan in foreign markets. This is because Huawei's 5G equipment business is now mostly focused on contracting with operators in those regions. During an interview with AFP, Huawei Chairman Liang Hua said: Confirming the statement of Mr. Ren said the company is indeed planning to produce its own equipment components at a new factory in Europe in the future. “We are studying the possibility of opening a factory in Europe to produce 5G,” Mr. Leung announced.
The countries where we will set up the factory will depend on the results Industry Email List of the study,” he added. While there is no specific timeline, Mr. Leung hinted that a decision could come soon, although the labor and operating costs of European factories are higher than those in Southeast Asia or Mexico. Rin also confirmed that for sustainable relations with many countries in Europe. Cost is not a concern. “Cost is not something we have to consider. We have to think about strategy separately,” Mr. Ren explained, adding that Huawei's future factory AI technology will be used. to be fully used This will help reduce labor costs. Mr. Ren believes that large-scale 5G factories will increase confidence. Help create jobs and careers Including helping to strengthen cooperation with European countries more closely. Huawei has strong and stable business relationships with European carriers. Last July The company revealed that nearly 60% of its commercial 5G contracts come from Europe.
In 2018, Huawei generated 204.5 billion yuan (US$1.9 billion) in revenue from its European business. Middle East and Africa It was the company's largest market outside China, accounting for 28% of the company's total revenue for the year. In November, Mr. Ren told CNN Business that despite pressure from the United States, He is confident that European countries will decide which company's 5G equipment they choose to use. "Many telecom operators in Europe have been using Huawei equipment for more than 10 years, so they understand us very well." Mr. Ren said, “Our customers will convince their national governments to choose Huawei. and allow us to do business in that country,” he concluded. -End- About Huawei Huawei, a leader in information and communications technology infrastructure and smart devices. With integrated solutions in four key segments: telecommunications networks, IT, smart devices and cloud services. The company is committed to bringing digital technology to life for every person, home, and organization to drive a fully connected, intelligent world.
The countries where we will set up the factory will depend on the results Industry Email List of the study,” he added. While there is no specific timeline, Mr. Leung hinted that a decision could come soon, although the labor and operating costs of European factories are higher than those in Southeast Asia or Mexico. Rin also confirmed that for sustainable relations with many countries in Europe. Cost is not a concern. “Cost is not something we have to consider. We have to think about strategy separately,” Mr. Ren explained, adding that Huawei's future factory AI technology will be used. to be fully used This will help reduce labor costs. Mr. Ren believes that large-scale 5G factories will increase confidence. Help create jobs and careers Including helping to strengthen cooperation with European countries more closely. Huawei has strong and stable business relationships with European carriers. Last July The company revealed that nearly 60% of its commercial 5G contracts come from Europe.
In 2018, Huawei generated 204.5 billion yuan (US$1.9 billion) in revenue from its European business. Middle East and Africa It was the company's largest market outside China, accounting for 28% of the company's total revenue for the year. In November, Mr. Ren told CNN Business that despite pressure from the United States, He is confident that European countries will decide which company's 5G equipment they choose to use. "Many telecom operators in Europe have been using Huawei equipment for more than 10 years, so they understand us very well." Mr. Ren said, “Our customers will convince their national governments to choose Huawei. and allow us to do business in that country,” he concluded. -End- About Huawei Huawei, a leader in information and communications technology infrastructure and smart devices. With integrated solutions in four key segments: telecommunications networks, IT, smart devices and cloud services. The company is committed to bringing digital technology to life for every person, home, and organization to drive a fully connected, intelligent world.