Huawei, the Chinese network and telecommunications equipment giant, is to open an assembly plant and logistics center in Hungary when the one-year-long test period expires in the summer of 2010.
The company has been a supplier for Vodafone, and the two are now launching a new mobile Internet-sharing device onto the market.
Huawei has been testing its manufacturing plants in Pécs and Komárom with 280 employees, and if the results are fruitful, the sites will become the European logistics and assembly centers for one of the world’s top three telecom equipment suppliers. The plants are expected to generate an annual USD 1.5 billion of product and services with a staff of about 700 from 2011 onwards, Huawei Magyarország sales director Zoltán Takács said at a press conference.
“Mobile internet penetration is growing at a speed of about 7pct per year, says,” Xu Qin Song, vice president for Huawei Europe.
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http://www.investhungary.com/2010-03/huawei-expand-supply-and-production-hungary
