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Huawei – At least 700 new jobs with investment in UK

The Chinese telecoms equipment-maker Huawei will tomorrow hand David Cameron a post-Olympics trade boost by unveiling a £1.2bn investment plan to accelerate the growth of its British business.

I can reveal that Huawei, one of China’s largest – and most contentious – private companies, will pledge to create at least 700 jobs in the UK during the next five years while directly investing £600m in growing its operations in Britain.

A further £600m-benefit to the economy will be generated from procurement activity related to the direct investment activity, the company is expected to announce.

via Huawei To Unveil £1.2bn UK Investment.

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