Huawei Spent Rp3.6 Trillion to Build a 5G Factory in France

Huawei announced on Thursday (2/27/2020), it will spend more than 200 million pounds (approximately Rp. 3.6 trillion) to buy land and set up a new factory in France.

Reported by Zdnet , the plant will reportedly be used by Huawei to manufacture 4G and 5G equipment, especially for sales in the European market.

“As one of the most advanced manufacturing centers in the world, France has a mature industrial infrastructure and a pool of highly educated workers, and its geographical position is ideal for Huawei,” Huawei said.

The Chinese telecommunications giant said the facility would provide 500 jobs. This plant will also create products worth 1 billion pounds per year.

“This plant will add Huawei’s value chain in Europe, increasing the timeliness and reliability of Huawei delivery to European customers,” added Huawei.