Huawei to boost investments in Canada

Huawei to boost investments in Canada, will expand R&D workforce

Huawei, the Chinese tech giant, is increasing investments in Canada despite the arrest of its CFO, Meng Wanzhou, by the Canadian police on the request of U.S.

The Chinese tech company will be expanding its investment in Research and Development efforts in Canada by 15%. It will add 200 R&D jobs which will expand its workforce by 20%, according to a Reuters report.

“We won’t change our approach on R&D investments and we’ll continue to step up our investment in R&D in Canada. We would like to work further with the telecom operators,” said Huawei Chairman Liang Hua on Thursday.

Regarding Wanzhou’s arrest, he said: “I hope that she can be freed and that she can reunite with her family, but I’m not a lawyer so I cannot comment on the substance of the case.”

Wanzhou, the daughter of Huawei CEO and heir apparent was arrested in Canada on the charges of fraud. U.S alleged that she violated U.S sanctions against Iran. Wanzhou is currently fighting against the U.S extradition. Ren Zhengfei, the CEO of the tech giant said that the arrest of his daughter was politically motivated.

Liang said that an arrest like this was uncommon and rare. He also added that he could not say whether the arrest was politically motivated.

Liang said that Sino Canadian relations were not ideal at present. “We are aware that there are some problems which need to be solved between the two countries,” he said.

U.S Intelligence authorities believe that Huawei has connections with the Chinese government. They also claim that the company’s equipment could be used as snooping devices. Several countries including New Zealand, Australia and the UK have taken various preventive measures such as banning govt companies from buying equipment from the Chinese tech firm.

The Chinese tech equipment-maker has been under the investigation of US authorities since 2016. Reportedly, the company has been alleged for shipping US origin products in violation of US export and Iran sanction laws.

Ren Zhengfei, the low key founder of Huawei, has repeatedly denied all spying allegations and said that he was not worried about the sales as their products are top notch.

Image via Shutterstock

Huawei to boost investments in Canada, will expand R&D workforce
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