Huawei announces €70 million investment for Irish R&D

Huawei has announced that it’ll invest €70 million in its research and development (R&D) operation in Ireland over the next three years to boost its productivity in various fields.

Huawei plans to triple its R&D staff in Russia over the next 6 years

The company says the new R&D will focus on areas of video, cloud computing, artificial intelligence and site-reliability engineering. The work will be supported by over 100 researchers, experts and engineers Huawei employs across its R&D offices in Cork, Athlone, and Dublin, reported RTE.

During this announcement, Guo Ping, Huawei Rotating Chairman said Ireland has outstanding talent and some of the best researchers in the world.

“Our R&D efforts are diverse in Ireland, like software in Dublin and hardware in Cork. Ireland has a great opportunity to continue to grow as an economy and become a technological hub. We are looking forward to strengthening our relationship with our local customers and partners.”

Jijay Shen, CEO of Huawei Ireland, said the company’s focus is on long-term investment and building positive relationships with key partners in Ireland. He said this investment over three years will help us drive innovation and collaboration in Ireland.

At the release of its first-half results, Huawei announces to invest over $17 billion on R&D this year that will help the company to expand its current R&D centers around the globe.