Huawei Contributed EUR16.4bn To Europe’s GDP
According to The Oxford Economics report released titled The Economic Impact of Huawei, Huawei was found to have contributed EUR16.4 billion to Europe’s GDP and supported 224,300 jobs in 2019. Huawei also generated EUR6.6 billion in tax revenues for European authorities during that same time. Huawei has also played an active role in R&D across Europe. The 2019 EU Industrial Investment Scoreboard ranked Huawei as the world’s fifth largest R&D investor. The European Patent Office also noted that Huawei topped its ranking for patent applications in 2019. “Investment in... Read More.