Sanctions-hit Huawei plans components plant in Europe: Chairman

Huawei is working on a plan to build its own components at a site in Europe. (File photo: AFP)

Chinese telecommunications group Huawei is working on a plan to build its own components at a site in Europe, its chairman told AFP, after it was hit by US sanctions.

“We are planning to manufacture our own components at a production site in Europe in the future,” Liang Hua said in an interview at AFP’s headquarters, adding a decision on the choice of country “could happen very quickly.”
 

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Last Update: Wednesday, 20 May 2020 KSA 10:01 - GMT 07:01
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