Huawei to Invest $150 Million In Bangalore R&D Facility
Published on: 30th Apr 2013
Note -- this news article is more than a year old.
By: Ian Mansfield
Huawei is to invest around USD150 million in a new R D facility in the Indian city of Bangalore in the second half of this year. The project is part of a previously announced US$2 bullion investment in the country over the next four years.
Referred to as the "Silicon Valley of India", Bangalore is the leading centre of technology and software development for the IT and telecommunication industry in the country.
Huawei currently employs around 6,000 staff in India, of which nearly 2,500 are involved in R&D work.
"Since 2004, we have invested around $200 million in activities around research and development. We are setting up new R&D centre in Bangalore with an additional investment of about $150 million to consolidate our operations under one facility," Huawei Technologies head (international media affairs) Scott Sykes told the Press Trust of India.
The new facility would have a capacity for up to 5,000 staff, but that may include capacity for the company's existing global network operation centre (GNOC), which is also based in Bangalore.
"We are looking to centralise our GNOC in India. Under the plan we may shift our GNOC under this new facility," Sykes added.
The company generated revenues of USD1.5 billion in the country during the past financial year. Of that USD1.2 billion came from network infrastructure sales and the remaining USD300 million from handset and modem sales.
On the web: Press Trust of India