Huawei, the world second largest maker of telecoms communication equipment, is planning to add 5,500 jobs in Europe within five years, local media reported.
According to Patrick Zhang, the president of Huawei’s marketing and solutions, Huawei is tapping into European telecoms markets by providing information technology solutions to European enterprises. The turnover generated by the business venture is expected to reach $1 billion in the next 3 to 5 years. Localization seems to be one of key strategies when Huawei marches towards Europe.