Sanctions-hit Huawei plans components plant in Europe | France 24


Chinese telecommunications group Huawei is working on a plan to build its own components at a site in Europe, its chairman told AFP, after it was hit by US sanctions.

“We are planning to manufacture our own components at a production site in Europe in the future,” he said in an interview at AFP’s headquarters.

“We are conducting a feasibility study to open a factory in Europe for this. The choice of country will depend on that study,” he said.

While there is no timetable for the choice, Liang said “it could happen very quickly.”

Source: Sanctions-hit Huawei plans components plant in Europe – The Observers – France 24

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