Feeds

UK's loyalty set for £1.2bn Huawei reward

There's a good boy...

Choosing a cloud hosting partner with confidence

The UK economy is set to get a much needed boost on Tuesday when Chinese telecoms equipment maker Huawei announces an expected £1.2bn investment including hundreds of jobs.

The announcement, which is expected to be endorsed by prime minister David Cameron, will consist of a pledge to create at least 700 jobs in the country along with a direct investment of £600m in Huawei’s growing UK base, Sky News reports.

Both sides will benefit from the announcement. For Cameron and the ailing British economy it will be a much needed shot in the arm, given that the feel good factor generated by a hugely successful London Olympics won't pay down a lot of national debt.

For Huawei, the UK has been a welcome friendly face among western nations.

Australia and the US have raised concerns at the highest level about potential security risks if the company's kit becomes the core of infrastructure projects.

Their fears revolve around Huawei’s alleged close ties with the Chinese military, which the company strongly denies in a recent white paper written by former UK government CIO John Suffolk, who is now its global cyber security officer.

Suffolk is one of a large number of former government and industry big wigs drafted in by Huawei to soften its image and build stronger ties abroad.

Others include Andrew Cahn, former head of UK Trade and Investment, former Amazon UK boss Brian McBride and Baroness Wheatcroft, all of whom ended up on Huawei’s UK advisory board.

The firm counts all of the UK’s mobile operators along with BT, TalkTalk and Virgin among its customers, so it’s fair to say it is already doing pretty well in Blighty.

Perhaps that's why publicity-shy Huawei founder Ren Zhengfei will make a rare appearance abroad with a visit to the UK this week as part of the announcement, according to Sky News.

A Huawei spokesman in Shenzhen had no comment on the report. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.