Huawei’s deputy general manager of the French branch,New Folder (2014) Zhang Minggang, announced on December 10 that Huawei’s first overseas factory will be established in France, with production expected by the end of 2025. The construction is progressing toward the goal of manufacturing one billion devices annually and creating 500 local employment opportunities. Huawei plans to manufacture and supply the entire European market from France, with an investment of 200 million euros. Instead of smartphones, this factory will produce components for 4G and 5G base stations, including chipsets and motherboards. By 2021, Huawei achieved 2.5 billion euros in sales in France, creating approximately 10,000 jobs and holding a 20% market share in France’s telecommunications infrastructure market, according to the company. [IThome, in Chinese]
