Huawei generates jobs, tax revenue for Japan: report

Source:Global Times Published: 2019/11/21 22:08:40

A Huawei Atlas 800 AI server is on display during a press preview for the 2019 World 5G Convention in Beijing, capital of China, Nov. 20, 2019. The 2019 World 5G Convention will open here on Nov. 21. (Xinhua/Peng Ziyang)



Chinese telecommunications giant Huawei created 46,400 jobs in Japan in 2018, the Xinhua News Agency reported on Thursday, citing a report. 

The jobs were created directly and indirectly, and the telecommunications giant also generated tax revenue of up to 208 billion yen ($1.91 billion), the report said.

Contributions by the company to Japan's GDP increased to 766 billion yen, six times its 2014 level.

Liang Hua, chairman of Huawei, said that Japan is a key market for the company. 

In the first nine months of this year, Huawei procured 780 billion yen-worth of components and materials, exceeding 2018's 720 billion yen. 



Posted in: COMPANIES

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