Sunday, March 26, 2023
 
 

Huawei says it will set up manufacturing bases in Europe

- Advertisement -

Abraham Liu, Huawei´s top executive for Europe said the company would set up manufacturing hubs on the continent.
“Huawei is more committed to Europe than ever before. We are looking forward to our next 20 years here. That´s why we have decided we want to set up manufacturing bases in Europe”, Liu announced.
The move comes amid increased US pressure on EU nations to ban the tech giant. The EU has recently advised its members to ban telecom operators that are considered a security risk for critical parts of the 5G infrastructure.
However, according to the EU’s guidelines, despite the strict 5G rules, a ban on Huawei will be up to member states, as the EU is attempting to balance the company’s dominance amid the US’ security concerns.
In this context, Liu urged Europe, the US and China to “invest more in the political discussion to talk about cooperation and common rules”, adding that the tech world “is increasingly involved in geopolitical issues, trade negotiations and diplomatic dialogue between nations”.
“Politically motivated distrust does not address the upcoming challenges”, Liu said.
Huawei is one of the few providers of network technologies who are able to set up 5G networks. It has over 13,000 employees. It currently has research centres in 12 EU countries.

- Advertisement -

Subscribe to our newsletter

Latest

Africa’s porous borders promote transnational crimes rather than deeper integration

For positive continental regimes to succeed, there must be both conscious and concerted efforts, as well as political will, from all states to help eliminate transnational crimes while fostering integration across the whole of Africa through trade.

Kazakhstan’s new parliament could usher in green energy, rare earth investments

Kazakhstan held internationally monitored elections for the Mazhilis, the...

EU-Turkey earthquake relief conference: Time to get serious

The European Union is hosting a reconstruction conference in...

Cambodia’s current government is the face of tropical Fascism

There is no hope that the authoritarianism that the world sees in places like Russia, China and Cambodia can ever be interpreted as a peaceful and benign phenomenon, or that it should be accepted by an implicit racist or discriminatory assumption that some cultures just don’t have a democratic tradition and aren’t quite capable of ever developing one.

Don't miss

Africa’s porous borders promote transnational crimes rather than deeper integration

For positive continental regimes to succeed, there must be both conscious and concerted efforts, as well as political will, from all states to help eliminate transnational crimes while fostering integration across the whole of Africa through trade.

Kazakhstan’s new parliament could usher in green energy, rare earth investments

Kazakhstan held internationally monitored elections for the Mazhilis, the...

EU-Turkey earthquake relief conference: Time to get serious

The European Union is hosting a reconstruction conference in...

Cambodia’s current government is the face of tropical Fascism

There is no hope that the authoritarianism that the world sees in places like Russia, China and Cambodia can ever be interpreted as a peaceful and benign phenomenon, or that it should be accepted by an implicit racist or discriminatory assumption that some cultures just don’t have a democratic tradition and aren’t quite capable of ever developing one.

Energy supply diversification out of Russia’s orbit is a top priority for Bulgaria

Bulgaria intends to diversify its energy resources, including supplying...

A new research and innovation agenda is needed for the Mediterranean

There is no doubt that innovation is a necessity in contemporary economies. Investment in research and development (R&D) is essential for firms and countries...

Kazakhstan’s president proposes Constitutional reforms referendum

Kazakhstan’s President Kassym-Jomart Tokayev proposed on April 29 holding a referendum in the Central Asian country on the draft amendments to the Constitution and...

Interview: Information Technologies to drive Uzbekistan’s development, attract foreign investors

Uzbekistan’s Development of Information Technologies Minister Shermatov Sherzod, in an exclusive interview with NE Global during the first Tashkent International Investment Forum, presented different...

EU Russia sanctions close in on finance, trade, aviation, media

Russia’s military advance across Ukraine has galvanized global public opinion to the point that timid EU governments and the Brussels bureaucracy have been forced...

The Digital Markets Act is a security nightmare

In their zeal to curb big tech through the Digital Markets Act, the European legislators are risking the privacy and security of all Europeans....

High gas prices push up electricity cost in EU

High energy prices in recent months have drawn attention from the European Commission, highlighting the importance of energy security, especially in times when global...

EU Commission launches competition for next Green Capital

The European Commission called on December 15 on European cities embarking on the path to sustainability to apply for the 2024 European Green Capital...

Poland’s wind power secures EBRD financing

The European Bank for Reconstruction and Development (EBRD) said on December 16 the bank will lend PLN 175 million (€38.9 million equivalent) for the...