Friday, 24 March, 2023
Huawei plans to invest $632M in new digital energy HQ in Shenzhen
<p>As the Chinese telecoms giant diversifies in the face of US criticism, Huawei will invest 4 billion yuan ($632.52m) on a new HQ and R&D centre for its digital power unit. On Thursday, Huawei Digital Power signed a project agreement with the city council of Shenzhen, China's southern metropolis, where its parent company is based. Shenzhen held the signing as part of a broader program to mark the start of new development projects in the city.</p>
Read full story at Reuters
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