Shenzhen, China, 11 April – Huawei, China’s largest producer of telecommunications equipment, plans o set up a training center in Portugal by the end of the year, the company’s vice-president, Johnson Hu told Portuguese news agency Lusa.
Hu said that the company would contract 20 new staff for its expansion strategy in Portugal.
“Portugal is a very important market for our business in Europe and for that reason we have plans to expand our operations,” Hu said, adding that, “this expansion could mean an increase in the number of staff, from 80 currently, to 100 by the end of 2006, and new staff will be hired on the local market.”
“That is why we have already our service center in Lisbon and we are going to create, in the second half of the year, we will set up our training center, which will also likely be in Lisbon,” Hu said, adding that Huawei turnover in Portugal in 2005 was of US$10 million.
“Our business in Portugal is going well. We cooperate with several partners, such as Optimus and Novis and several operators have been in touch with Huawei to set up CDMA (3G) networks in Portugal,” he said.
In 2005 Huawei posted a 40 percent increase in sales against 2004, with total turnover of 6.8 billion euros.
Sales on the international market totaled 4.9 billion euros in 2005, for the first time overtaking domestic market sales. (macauhub)