& cplSiteName &

Huawei Procured $3.4B in Europe in 2013

Light Reading
News Wire Feed
Light Reading
1/23/2014
50%
50%

DAVOS, Switzerland -- Huawei, a leading global information and communications technology (ICT) solutions provider, today disclosed its level of procurement from Europe during 2013 at the World Economic Forum in Davos, Switzerland. Huawei also re-emphasized its commitment to continuously pursue mutually-beneficial cooperation within Europe.

"Our core business principle in Europe is to achieve mutual benefits and win-win outcomes," said Ken Hu, Huawei's Deputy Chairman and Rotating CEO, at World Economic Forum Annual Meeting 2014 in Davos. "Europe benefits from a deep-rooted history of culture, management, and technology expertise as well as a great tradition for innovation. Huawei regards Europe as a key competency centre. By localizing our operations and collaborating extensively with European partners, we have improved our overall capabilities. At the same time, our global value chain enabled the capability transfer from Europe to other parts of the world, which generated even greater value from these capabilities. In this process, we have also created a large number of job opportunities for Europe and helped move the industry forward."

Currently, Huawei has more than 7,700 employees in Europe. In addition, Huawei has set up two R&D centres across 14 locations, and established six centres of expertise in finance, marketing, service and other fields. Moreover, Huawei has teamed up with leading European carriers, universities, and industry organizations to advance policies, standards, R&D, and procurement. Our cooperation initiatives not only create value for local communities, but benefit customers around the world.

In 2013, Huawei procured US$3.4 billion worth of components, engineering services, and logistical services from Europe. This procurement level is expected to keep growing in the future. Cooperation on procurement not only helps local businesses grow and add jobs, but also promotes technological and innovative interaction between Huawei and its partners, helping both parties increase their competitive edge.

Looking into the future, Ken Hu remarked: “We believe that open and free trade policies, the foundation of Europe’s prosperity for centuries, will continue to pave the way for improving ICT industry’s competitiveness and will fuel the growth of the digital economy. With full confidence in the future of Europe, we will continue to invest in the region, cooperate with European industry players to promote innovation, and play a more active role in reshaping the society."

Huawei Technologies Co. Ltd.

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Featured Video
From The Founder
John Chambers is still as passionate about business and innovation as he ever was at Cisco, finds Steve Saunders.
Flash Poll
Upcoming Live Events
June 26, 2018, Nice, France
September 12, 2018, Los Angeles, CA
September 24-26, 2018, Westin Westminster, Denver
October 9, 2018, The Westin Times Square, New York
October 17, 2018, Chicago, Illinois
October 23, 2018, Georgia World Congress Centre, Atlanta, GA
November 7-8, 2018, London, United Kingdom
November 8, 2018, The Montcalm by Marble Arch, London
November 15, 2018, The Westin Times Square, New York
December 4-6, 2018, Lisbon, Portugal
All Upcoming Live Events
Hot Topics
NFV Is Down but Not Out
Iain Morris, News Editor, 5/22/2018
Trump Denies ZTE Deal, Faces Senate Backlash
Dan Jones, Mobile Editor, 5/22/2018
What VeloCloud Cost VMware
Phil Harvey, US News Editor, 5/21/2018
5G in the USA: A Post-BCE Update
Dan Jones, Mobile Editor, 5/23/2018
Vanquished in Video, Verizon Admits OTT Defeat
Mari Silbey, Senior Editor, Cable/Video, 5/23/2018
Animals with Phones
Live Digital Audio

A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.

Like Us on Facebook
Twitter Feed