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HUAWEI signed a $26 billion 200 million - five - year purchase agreement with the British government

via:CnBeta     time:2018/2/7 12:37:04     readed:96

Sun Yafang pointed out that Britain was the first international market for HUAWEI to enter, and that the company opened its first office in Britain in 2001.

She said: "we have been working with the major clients in the UK for more than 12 years and helped build a better interconnected UK. In the next few years, we look forward to continuing to work with our customers and partners to help the UK continue to stand at the forefront of the digital age.

These procurement agreements will include global risk management and foreign exchange business, as well as the patent licensing fees HUAWEI paid to British technology companies such as ARM, chip design company.

British International Trade Secretary Liam Fawkes (Liam Fox) said the agreement would boost the UK economy.

HUAWEI has previously promised to invest 1 billion 300 million in Britain between 2013 and 2017. In fact, HUAWEI has invested or purchased 2 billion pounds in the UK over the five years. At present, HUAWEI has 15 offices in the UK, providing more than 1500 jobs.

This purchase promise is quite different from business investment. HUAWEI has become the main broadband equipment supplier of telecom operators BT Group and Vodafone group.

Last month, HUAWEI's efforts to win new business in the United States suffered new setbacks. Earlier this year, early in January, the company gave up a plan to introduce HUAWEI's flagship Mate 10 Pro into the US market.

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