Tech

Huawei to build manufacturing site in France

Chinese company Huawei announced Thursday it will build a factory in France to produce its equipment, it said in a statement, marking a first for the telecom giant in Europe.

The site would employ 500 people and bring an investment of about €200 million “in the first phase.”

The company said it picked France because of its “excellence in terms of quality production,” is located “in the heart of Europe” and has a “mature industry.” It said the products produced on site would mainly serve the European market.

The factory will have a shoRead More – Source