China’s Huawei Technologies to invest $500-million in Ontario, create 325 jobs

Financial Post | Business

China’s Huawei Technologies Co. Ltd. is investing $500-million in Ontario over the next five years, creating 325 jobs and doubling its research and development staff.

On top of the $290-million the Chinese communications technology provider and smartphone maker had earmarked to support its ongoing operations in the province, it is investing an additional $210-million to boost its research and development capabilities, it said Friday.

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“We’re very pleased at how the Canada research centre has performed to date,” said Scott Bradley, Huawei Canada’s vice-president of corporate and government affairs in an interview. “We certainly see value in building up that team.”

The Shenzhen-based company currently has two offices in Ontario, with sales and marketing based out of Markham, Ont. and its research facility in Kanata, Ont. Its Canadian clients include Telus Corp. and BCE Inc., for which it is providing infrastructure for the carriers’ next-generation LTE networks.

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