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January 7, 2015

Huawei wins British business award for UK investment

The British Business Awards was organised by the British Chamber of Commerce in China and the China-Britain Business Council.

By Amy-Jo Crowley

British judges have picked telecoms giant Huawei as ‘Chinese Investor of the Year’ for its longstanding investment into R&D and education in Britain.

Huawei, which opened a Bristol research centre in 2014, was presented with the 2014 British Business Awards in November 2014. The awards were organised by the British Chamber of Commerce in China and the China-Britain Business Council.

The award comes after Huawei announced it would invest £650 million and procure £650 million in the UK by 2017.

Huawei, which has also signed research partnerships with Imperial College London and the University of Surrey, is investing £10 million to support technology research programmes with British universities.

"Huawei is honored to receive this accolade from The British Business Awards," said Gordon Luo, Huawei UK CEO.

"The UK is a leading market for digital innovation and we will continue our investment into the country to help drive technology into the future. We are committed to building a better connected UK by working closely with our customers, partners, suppliers, universities and SMEs, and contributing to the industry ecosystem."

The company, which has over 1000 employees in the UK, says it expects its staff to grow to 1,500 by 2017.

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Huawei also opened a new UK headquarters in Green Park, Reading in June 2013 as part of its ongoing growth plan.

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