Huawei to build US$300 million research centre in Brazil

By: 
Staff Writer
Published: 
April 12, 2011
News Photo
Image: gizchina
BEIJING, China

Huawei, one of China’s leading technology companies, announced yesterday that it will invest US$300 million in the construction of a research centre in Sao Paulo State, Brazil. The company has had a presence in Brazil since 1999, with a focus on telephone network segments - technology used in many branches of telecommunications.

The project was announced by Huawei's chairman, Ren Zhengfei, during a meeting with the Brazilian President Dilma Rouseff. The move comes as part of a wider investment plan in Brazil by the Chinese firm, which has also pledged US$50 million for the purchase of computers for Brazilian universities.

Huawei is the largest networking and telecommunications equipment supplier in China, and second only to Sweedish firm Ericsson worldwide. In 2010, it had global revenues of US$28 billion, and it operates in nearly all of the largest telecom markets around the world. It has persued an extensive investment plan in recent years, opening R&D and training centres extensively thoughout Asia and South America. In addition to the poject in Brazil, it is currently also opening a training centre in Indonesia and an office in Adelaide, Australia.

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