Huawei CEO and founder Ren Zhengfei met with Prime Minister Bill English in Wellington to discuss its New Zealand investment plans on Tuesday. Wellington is also where Ren gave his first ever press conference in 2013.
Chinese technology juggernaut Huawei plans to splash out hundreds of millions of dollars in New Zealand after praising the country’s approach to global business.
Founder and chief executive Ren Zhengfei met with Prime Minister Bill English in Wellington on Tuesday to discuss its plans, which the company said would see it spend $400 million in New Zealand over the next five years.
Worldwide, Huawei employs more than 170,000 staff – almost as many as Apple and Google combined.
Spokesman Andrew Bowater said its spending plans were in part “aspirational”. $250m of the spending would be accounted for by its intention to source more products and services locally.
But he said the company also intended to build a cloud-computing data
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