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Abraham Liu

Huawei brings more than 220,000 jobs in Europe

1 min read

The FINANCIAL — In an Oxford Economics report released today titled The Economic Impact of Huawei, Huawei was found to have contributed EUR16.4 billion to Europe’s GDP and supported 224,300 jobs in 2019. The company also generated EUR6.6 billion in tax revenues for European authorities during that same time. Huawei has also played an active role in R&D across Europe. The 2019 EU Industrial Investment Scoreboard ranked Huawei as the world’s fifth largest R&D investor. The European Patent Office also noted that Huawei topped its ranking for patent applications in 2019. “Investment in R&D—like that undertaken by Huawei—is crucial to…

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Huawei brings more than 220,000 jobs in Europe

1 min read

The FINANCIAL — In an Oxford Economics report released today titled The Economic Impact of Huawei, Huawei was found to have contributed EUR16.4 billion to Europe’s GDP and supported 224,300 jobs in 2019. The company also generated EUR6.6 billion in tax revenues for European authorities during that same time. Huawei has also played an active…