CHINA - Huawei, China's leading information and communications solution provider, has pledged to diversify its service portfolio in Europe, while the United States has offered no easy market access, its senior executive said.
"Our expansion progress in Europe is different from that in the US, where we have encountered access difficulties due to some groundless reasons given by the American side," Patrick Zhang, president of marketing and solutions, Huawei Enterprise Business Group, told China Daily in the Netherlands.
While continuously enhancing business cooperation with European telecommunications operators, Zhang said providing information technology solutions to European enterprises is a new growth engine for the company in Europe.
Zhang said Huawei started this new business in 2011 and the growth rate is now rapid, with turnover in enterprise business expected to reach US$1 billion (S$1.2 billion) in the next three to five years.
Huawei's presence in Europe began in 2003 and the company's revenue on the continent reached $4.17 billion last year. It employs more than 7,500 staff in Europe, most of them locals.
Huawei has run 13 research and development sites in eight European countries Belgium, Finland, France, Germany, Ireland, Italy, Sweden and Britain and operated dozens of joint innovation centers in partnership with local telecoms and information and communication technology partners.
To boost its European expansion, Huawei is to create 5,500 new jobs in the next five years in Europe, where the jobless rate has reached more than 10 per cent on average.
"Apart from research and development input, localization is our key to success," Zhang said.
To further showcase its strength, the company launched an exhibition centre in Amstelveen in the Netherlands, featuring global and innovative solutions specifically for the European enterprise market and European customers.