Huawei confirms huge UK investment in quest for mobile glory

Huawei eyeing up huge UK investment in quest for mobile glory
David Cameron, PM, meets Ren Zhengfei, founder and CEO of Huawei Technologies

Huawei has confirmed that it will plunge £1.3 billion into the UK as it looks to enhance its research and development, local procurement and accelerate growth in blighty.

Sky News initially reported that the Chinese firm was set to splash the cash in our own back yard, and now Huawei has announced this is the case, revealing that it plans to create 700 new jobs in the UK over the next five years.

Prime Minister David Cameron held talks with Ren Zhengfei, founder and CEO of Huawei, in London to discuss the investment and Cameron said: "The investment announced by Huawei today demonstrates once again that the UK is open for business.

"I welcome this and I want to see more companies invest in the UK as we work to achieve sustainable and balanced growth within our economy."

4G bonus

Huawei has set its sights high, and plans to become one of the top three smartphone manufacturers in the world by 2015, certainly no mean feat and this latest investment could well be the next step for the fledgling Chinese firm.

It's still a minnow in the smartphone pond, especially in the UK where the firm is still relatively unknown among consumers, and coupled with a name which many people struggle to pronounce correctly, Huawei could do with a bit of a boost.

The firm also received an added boost today, after EE (formerly Everything Everywhere) announced the Huawei Ascend P1 LTE as one of five launch handsets for its 4G network, set to roll out in a few weeks time.

The extra exposure for the Chinese firm, and the realisation by consumers that it's capable of producing not only budget devices, but flagship 4G smartphones, will no doubt aid it in its quest for mobile glory.

John McCann
Global Managing Editor

John joined TechRadar over a decade ago as Staff Writer for Phones, and over the years has built up a vast knowledge of the tech industry. He's interviewed CEOs from some of the world's biggest tech firms, visited their HQs and has appeared on live TV and radio, including Sky News, BBC News, BBC World News, Al Jazeera, LBC and BBC Radio 4. Originally specializing in phones, tablets and wearables, John is now TechRadar's resident automotive expert, reviewing the latest and greatest EVs and PHEVs on the market. John also looks after the day-to-day running of the site.