Huawei Opened the R&D Center in Budapest Celebrating its 15th Anniversary in Hungary and the 20th Anniversary in Europe
[Budapest, Hungary, October 20, 2020] Huawei held an event to commemorate the company’s 15th anniversary in Hungary and 20th anniversary in Europe. During the opening speech, Huawei announced its strategy, "In Hungary, for Hungary; in Europe, for Europe", and underlined its commitment to continuously support local innovation, contribute to the country’s digital transformation, and fulfill its corporate social responsibilities.
Huawei Technologies is currently the world's largest ICT solution provider and second-largest smartphone maker. The company began operations in Hungary in 2005. At the event, Colin Cai, CEO of Huawei Hungary, said, "Thanks to a total investment of US$1.5 bn over the past 15 years, we have, either directly or indirectly, created approximately 2400 jobs in Hungary. We have spent US$246 mn on local procurement and paid US$277 mn in taxes over the past five years. "
Hungary also hosts Huawei's largest supply center outside of China, which serves over 50 countries. This European Supply Center has become one of the world's leading hubs of smart and digital manufacturing.
Péter Szijjártó, Hungary's Minister of Foreign Affairs and Trade, said, "Huawei has been one of Hungary's strategic partners since 2013, and the company has been intensively working to develop Hungary's economy and the country's ICT ever since."
Cai went on to say, "Hungary has provided an open and fair business environment for all companies, including Huawei. By actively working with multiple vertical industries and government departments, we endeavor to help all of society achieve the digital ambitions of Hungary's DNDP 2020 strategy. We also deeply care about the future of Hungary's talent ecosystem. Through our Seeds for the Future program, we have worked with 4 local universities and sponsored 65 young engineers to participate in training programs in China over the past 6 years."
Huawei has also set up a newly established R&D center in Budapest as per a 2018 agreement between Prime Minister Viktor Orbán and Huawei Rotating Chairman Guo Ping. This center explores breakthroughs in AI, image processing, streaming media, and ultra-large-scale distributed systems.
Moving forward, Huawei is committed to further operations in Hungary, remaining open and collaborative, and continuing to contribute to society at large.