Huawei Plans to Invest €150 Million into European Cloud Hub

Huawei Plans to Invest €150 Million into European Cloud Hub
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Huawei plans to open its first European cloud hub. The vendor will invest €150 million in the facility in the Republic of Ireland and create 200 jobs by 2027 across a range of business functions.

The hub should provide the vendor’s customers across Europe with various cloud services along with supporting enterprises in Ireland to expand to global markets. The facility would be ideally suited for use by small- and medium-sized enterprises, Huawei noted in a statement. The move is being supported by the Irish government through the investment organization IDA Ireland.

Huawei Ireland CEO Tony Yangxu described the hub as being in a strategically important location for the global deployment of Huawei Cloud. President of Huawei Cloud West European region Tim Tao added the unit is committed to building the cloud foundation for an intelligent world with ubiquitous cloud and pervasive intelligence for the region. The cloud hub is Huawei’s latest investment in Europe, which has continued in recent years despite its network business being scrutinized in several European countries.