Chinese telecom giant Huawei wants to strengthen its position in Switzerland and plans to increase its workforce from 300 to 550 employees by next year, chief executive Haitao Wang told L’Agefi newspaper on Friday.
The group, which in 2018 represented some 13% of the mobile phone market in Switzerland, wants to hire 190 researchers in Switzerland in Dübendorf, in the suburbs of Zurich, and in Saint-Sulpice, in the canton of Vaud, said the head of Huawei for Switzerland.
Huawei has stepped up its activities in the country, despite the coronavirus pandemic. “We are relatively satisfied with our performance on the Swiss market,” said Haitao Wang, who took control of the Swiss subsidiary in 2018.
Growth and high profits
According to the latter, “for 12 years the level of business has been good and the company’s profit has been at high levels. Growth is driven in particular by the segment dedicated to companies and industrial customers”. This activity posted a 40% jump in turnover in the first half of the year.
For next year, Huawei is targeting revenue growth of around 10% in Switzerland, in particular thanks to the Enterprise segment, which should grow by 30% to 40% in 2021, continued the boss.
Political pressure
Referring to the ban on Huawei in 5G equipment in certain countries such as the United States, Australia and the United Kingdom, Haitao Wang referred to “political pressure”.
Referring to the United Kingdom where the group has been present for more than 20 years, but which wants to exclude Huawei from its 5G network, the official said that “in 2020 everything has changed because of pressure from Washington”.
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