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Huawei to invest $500 million into Ontario over next 5 years

November 1, 2014  

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Huawei today announced it will make a new long-term investment in Ontario to support the expansion of its Canadian R&D and business operations.  Huawei is committing $210 million in new investments, which will result in the creation of 325 new jobs over the next five years.

The announcement was made this morning in conjunction with a visit by  Ontario premier Kathleen Wynne, and delegates on her Chinatrade mission, at Huawei’s R&D Centre in Beijing.  In total, when combined with existing research, development and operational plans, Huawei’s total investment in Ontario over the next five years will be $500 million, the company said in a release.

The investment will allow Huawei’s Canadian R&D team to address new opportunities in next generation communications, cloud and enterprise mobility, the company said.  Operationally, Huawei will add a minimum of 75 employees to the sales, marketing and support functions at its Markham headquarters over this same period.

“Today’s announcement reinforces Huawei’s commitment to Canada and to the Province of Ontario,” said Sean Yang, President of Huawei Canada.  “Canada and Ontario have a legacy of leadership in ICT and telecommunications.

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