Monday, April 18, 2005

Huawei to Set Up Regional HQ in Hungary

From Chinese IT Company to Set Up Hungary HQ

"China's Huawei Technologies announced plans to set up its regional commercial headquarters in Budapest, a business daily reported Monday. Huawei, the largest Chinese telecommunication equipment maker, also plans to launch production in Hungary in the midterm, the Vilaggazdasag newspaper reported. Huawei employs 24,000 people worldwide."

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