Huawei’s channel has been told how much of a contribution that the firm makes to the UK economy.
The firm has now shared some numbers for those wondering just what it does for the UK economy pointing out that it stimulated a £1.7bn contribution to GDP last year and its activities support 26,000 British jobs. It also paid £470 million in tax in 2018.
A lot of those jobs and money are being generated in the channel and the theme of the vendor’s partner conference was to focus on generating more growth in the future.
“The UK has an outstanding reputation for nurturing business growth and pioneering innovation, and we are extremely proud of our relationships with our partners in the UK. Huawei has enjoyed great success helping to build the UK’s telecoms networks, and we remain fully committed to the UK. This is one of our most important markets globally and we fully intend to help it remain a leader in new technologies”, said Sir Andrew Cahn, non-executive director of Huawei UK.
In 2012 the firm revealed that it intended spending £1.3 billion by 2017 and it managed to exceed that by £900 million. It followed that up with a commitment to invest £3 billion between 2018-22.
“As part of its Industrial Strategy, the UK Government has said it wants ‘a Britain that lives on the digital frontier, with full-fibre broadband, new 5G networks and smart technologies’. We are proud of the role we have played in helping to develop the UKs digital infrastructure and we remain committed to being a strong and innovative partner to our customers”, said Jerry Wang, UK CEO of Huawei.
