The win-win relationship between the EU and Huawei
As the world enters the 4th industrial revolution, the era of Artificial Intelligence, the Internet of Things and faster and more powerful 5G telecommunications networks, the EU and Huawei have a unique opportunity – to be partners in leading the world’s economic growth through digitalisation.
Huawei, the world’s foremost supplier of information and communication technologies (ICT) equipment, has been based in Europe since it set up a first research lab with a small number of employees in Stockholm in 2000.
Now, two decades later, Huawei employs nearly 15 000 people across Europe, 70 % of these locally hired, in all the EU countries and beyond. Some 2 400 of these staff work in highly skilled jobs, dedicated entirely to research, development and innovation, at Huawei’s European research facilities, which now number 23 across the continent.
Meanwhile, as EU per capita income has nearly doubled over the past 20 years, so Huawei’s contribution to European GDP has soared. You could say the EU and Huawei have grown hand in hand in this respect, especially in the technology sector, where Europe is well positioned to become a leader globally.
Huawei’s most spectacular growth in Europe has taken place over the past four years. According to the global forecasters, Oxford Economics, the company’s contribution to Europe’s GDP in 2018 was €12.8 billion, having grown at an average annual rate of 19% since 2014. In the same period, employment supported by Huawei grew by 13% per year to nearly 170 000 jobs, and the €5.8 billion tax revenue the company paid to European countries in 2018 has increased by 17 % a year since 2014.
Huawei, a European company
Huawei is committed to Europe. The company sees Europe as its second home base and wants to contribute to European growth and towards Europe’s technology leadership in the world. It wants to help Europe achieve true digital sovereignty in terms of data protection, citizens’ privacy, cyber security, and the ethical
considerations of the applications and equipment used on European soil. And Huawei is more than committed to making a decisive contribution to Europe’s economic recovery. Already today, Huawei has manufacturing sites on European soil. Further significant investments in 5G manufacturing will follow.
To ensure Huawei is able to contribute fairly and equally to the European ICT ecosystem, the company has established thousands of win-win partnerships with European telecoms carriers, industrial companies and industry associations, top universities and research institutes, and local and regional authorities beginning to introduce smart technologies.
Huawei is now a part of the European fabric, an active player in shaping the digital economy for the future, contributing innovative technology to EU research projects and broad-ranging industry- led cooperation initiatives such as those for connected vehicles, digital transformation and smart agriculture.
The EU’s approach to free, fair and open competition in the ICT sector, protecting innovation and consumer choice, and ensuring equal opportunities for companies to compete in the European marketplace, makes Europe an attractive base for companies developing high-end intellectual property.
Data privacy protects European consumers
With more than 250 million daily internet users in Europe, and virtually every European citizen owning a mobile phone, European individuals and businesses rely more and more on convenient, reliable and high-quality telecoms networks and services, and EU competition rules, along with regulations specific to the telecoms sector, mean European consumers will receive more and more innovative and affordable services in the future while also being safe in the knowledge their rights and privacy are protected.
Huawei and its partners are well placed to deliver these services. Our aim now is to continue growing hand in hand with Europe, helping the European Union achieve its goal of making Europe fit for, and a leader in, the Digital Age.