Measures include increasing R&D investments, expanding industry cooperation and additional job creation
[Paris, France, October 1, 2014] Huawei announced plans to increase its R&D investments in France and to expand industry cooperation with its French partners, including the procurement of more goods and services from French-based suppliers.
During a recent meeting with French Prime Minister Manuel Valls, Mr. Ren Zhengfei, founder and CEO of Huawei, said that Huawei highly admires and values the competitive advantages of France’s high-tech industry. He added that Huawei’s investments in France will help the company better achieve and manage innovation around the world while, at the same time, benefitting the French economy by improving the competitiveness of the country’s industries and creating new high technology jobs.
Huawei will also expand its open cooperation with ICT enterprises in France to develop joint solutions for the global market. Huawei will also increase its procurement from suppliers in France, and promote the development of small- and medium-sized enterprises (SMEs). Huawei will strengthen further its cooperation with French universities and help train more ICT experts in France.
“Huawei has always remained open-minded,” said Mr Ren. “We compete not only in the global market, but we also learn from the best practices worldwide as we work with our partners. We aim to attract the best talents around the world and continue to show tangible results in our own development. This strategy has helped Huawei to become a key ingredient of the local value-creation chains in markets where we operate.” “Huawei will stick to this strategy of globalization in the long run,” said Mr. Ren.