Huawei steps up procurement in Europe

Chinese vendor Huawei is stepping up procurement in Europe as part of its investment strategy.

Also, the company has highlighted the importance of its partner ecosystem and awarded 14 European suppliers for their 'outstanding contribution', it says.

Over the next five years, Huawei is going to hire extra 5,500 people and also wants to double its R&D staff in Europe within the next three years. By 2015, it is expected to make direct purchases of $4.08bn. Last year, Huawei spent $3.4bn on components, engineering and logistical services in Europe, it says.

"Europe remains our top investment destination. The solid ecosystem of trusted partners that we have built up enables us to ensure that these investments deliver sustainable growth for the local economy as well as for our company," said President of Huawei Western Europe, Kevin Tao during its Partner Convention in Dusseldorf.

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