Type
Business expansion
Country
Sweden
Region
Stockholm;
Location of affected unit(s)
Kista
Sector
Information / Communication
Information Communication Services
Telecommunications
61 - Telecommunications

120 jobs
Number of planned job creations
Job creation
Announcement Date
12 March 2008
Employment effect (start)
12 March 2008
Foreseen end date
31 December 2008

Description

Huawei Technologies is a Chinese company producing cell phone and broadband systems. Its Swedish affiliate has existed since 2001 and is now a major competitor to the Swedish main actor on this market, Ericsson. Huawei Sweden is now planning to double its labor force from 120 to 240 employees before the end of the year. The increase in personnel will mainly affect the R&D-department of the company. According to the R&D president Urban Fagerstedt, this is due to “the Swedish department being a successful part of the international company and therefore allowed to expand”.


Sources

  • 12 March 2008: Dagens Industri

Citation

Eurofound (2008), Huawei Technologies Ltd., Business expansion in Sweden, factsheet number 66473, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66473.