Huawei vows to diversify service portfolio in EuropeSeptember 23, 2013 - 14:04 AMT PanARMENIAN.Net - Huawei, China's leading information and communications solution provider, has pledged to diversify its service portfolio in Europe, while the United States has offered no easy market access, its senior executive said, according to China Daily. "Our expansion progress in Europe is different from that in the U.S., where we have encountered access difficulties due to some groundless reasons given by the American side," Patrick Zhang, president of marketing and solutions, Huawei Enterprise Business Group, told China Daily in the Netherlands. While continuously enhancing business cooperation with European telecommunications operators, Zhang said, providing information technology solutions to European enterprises is a new growth engine for the company in Europe. Zhang said Huawei started this new business in 2011 and the growth rate is now rapid, with turnover in enterprise business expected to reach $1 billion in the next three to five years. Huawei's presence in Europe began in 2003 and the company's revenue on the continent reached $4.17 billion last year. It employs more than 7,500 staff in Europe, most of them locals. Huawei has run 13 research and development sites in eight European countries — Belgium, Finland, France, Germany, Ireland, Italy, Sweden and Britain — and operated dozens of joint innovation centers in partnership with local telecoms and information and communication technology partners. To boost its European expansion, Huawei is to create 5,500 new jobs in the next five years in Europe, where the jobless rate has reached more than 10 percent on average. "Apart from research and development input, localization is our key to success," Zhang said. To further showcase its strength, the company launched an exhibition center in Amstelveen in the Netherlands, featuring global and innovative solutions specifically for the European enterprise market and European customers. Zhang said Huawei has treated Europe as a second home market in addition to its expansive presence in China and globally. The company has branches in more than 140 countries. In the enterprise business sector, Huawei said it has encountered tough competition in Europe, but Zhang said he is confident in the company's growth. "Europe has many enterprises and if we succeed in the European market, we can achieve more globally," he said. However, in the summer, the European Commission raised barriers against China's mobile and telecommunications products. In the U.S., Huawei and fellow Chinese company ZTE have faced allegations since last year that their products pose security risks. "The reasons (offered by the U.S.) are groundless … the fact is that since the start of our global presence, there has not been one security complaint made against us," Zhang said. "In contrast, we are always cooperative, and loyally offer security solutions for our partners." Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Armenian, Azerbaijani heads of parliament meet in Switzerland President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova. Border residents overnight on highway to protest Armenia’s Residents of Kirants continue to express outrage over the government’s decision to cede land to Azerbaijan. Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. |