Huawei Investing $90 Million To Set Up R&D Center In Helsinki, Finland

Posted on Dec 11 2012 - 10:59am by Editorial Staff

Huawei has announced that it will invest €70 million (about $90 million) over the next five years in order to establish a research and development (R&D) center in Helsinki, Finland. The move reflects Huawei’s deep and long term commitment to Europe strengthen the company’s R&D capabilities, augmenting to over 70,000 employees which are currently engaged in R&D worldwide. The company will initially hire 30 employees for the center, which it later increased to over 100 within five years.

“We believe the key to building our brand is to provide consumers with a reliable and differentiated user experience,” said Kenneth Fredriksen, Vice-President, Huawei Central, Eastern and Nordic Europe. “The open and innovative environment in Finland is an ideal place for Huawei to strengthen our global R&D capabilities for devices, creating opportunities for both Huawei and the Finnish telecommunications industry.”

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