Huawei to add 5,500 jobs in Europe in 5 years

China DailysaidSeptember 22 that Huawei, the world’s second largest maker oftelecomequipment, plans to create 5,500 jobs in Europewithin five years as thecompany expands its services in the region. Huaweirepresentatives said lastweek that the company expected to have its revenuesexpand by 10 percentannually over the next five years.The following is whatShenzhen Dailyreported.

SHENZHEN-BASEDtelecommunicationsequipment maker Huawei plans to create 5,500 jobs in Europewithin five years asthe company expands its services in the region, ChinaDaily said Saturday.

Huawei, theworld’ssecond largest maker of telecom equipment, is to offer informationtechnologysolutions to European businesses, Patrick Zhang, president ofmarketing andsolutions at Huawei Enterprise Business Group, told the newspaper.

The businessisexpected to generate turnover of US$1 billion in the next three to fiveyears,he added.

The companyislaunching its expansion despite the European Commission’s allegationsof“anti-competitive behavior” by Huawei and its cross-town rival ZTE.

Zhang saidEuropeoffered more growth potential than the United States, where acongressionalreport last year said the company “posed a security threat” andessentiallyblocked it from the market.

“Our expansionprogress in Europe isdifferent from that in the United States, where we haveencountered accessdifficulties due to some groundless reasons given by theAmerican side,” Zhangsaid.

Huaweirepresentativessaid last week that the company expected to have its revenuesexpand by 10percent annually over the next five years, thanks largely toconsumer devicesand enterprise services.

Huaweireportedrevenues of US$35 billion in 2012.