Huawei allocates USD 100 million for Türkiye acquisitions

Zaman – Chinese telecommunications equipment provider Huawei plans to dig in deep in Türkiye where it has placed its second largest research development (R&D) center outside China as it announces acquisitions in the country worth USD 100 million next year.

Celebrating its 10th anniversary in Türkiye, the global company will also spend USD 20 million to enhance its product development operations in its Istanbul R&D Center. “Huawei’s Türkiye office has become central to our operations in the Caucasus and Central Asia…”, Huawei Türkiye General Manager Wu Congheng told reporters at the commemoration event. Stating that Huawei’s growth in Türkiye is accompanied by an expanding work force, Congheng said that in the last 3 years the company has invested USD 50 million in its R&D center in the country, currently employing 350 engineers.

Huawei provides hardware for Türkiye’s 3 cell networks and the sole landline operator. Its R&D center in Istanbul plays a key role in developing software solutions for Huawei customers worldwide.

turkey; ict sector; turkey telecom sector; huawei turkey; huawei istanbul; huawei product development; wu congheng