Boosting economy and employment:
Committed
to its “Glocalization” strategy, Huawei works tirelessly
to boost employment and the economies of the
countries and regions where we operate. This includes
efforts such as local hiring, local investment, local
procurement, and establishing local research facilities.
An Oxford Economics report,
The Economic Impact
of Huawei in Europe
(November 2020), found that,
in 2019 alone, Huawei contributed EUR16.4 billion
to Europe’s GDP, sustained 224,300 jobs, and drove
EUR6.6 billion in tax revenue. In early 2020, we
announced a EUR200 million investment in a new
plant for wireless products in France, which is expected
to directly create 500 jobs.
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