PARIS: China’s Huawei telecommunications giant plans to invest 1.5 billion euros in France, according to media reports.
The founder of Huawei said the other day that he is seeking to invest 1.5 billion euros or US$1.9 billion in France for developing smartphones.
The online edition of Les Echos business daily reported that Huwei founder Ren Zhengfei called on French Prime Minister Manuel Valls in Paris and announced his company’s plan to invest 1.5 billion euros in France.