Huawei among top Chinese investors active in Ukraine
Huawei began as a small operation when it was founded in 1987 by Ren Zhengfei, a former engineer in China’s People’s Liberation Army. It has since then grown into a global multinational headquartered in Shenzhen, in China’s Guangdong Province.
At first manufacturing for industry, it gradually expanded into telecommunications and consumer electronics, releasing its first cellular phone on to the mass market in 2004. Today its products and services are available in more than 170 countries and are “used by one-third of the world’s population,” according to the company’s website.
Huawei began operating in Ukraine in 1998 and since then its business in the country has “grown year on year,” says Vitaliy Matarykin, a public relations manager.
Looking ahead, the tech manufacturer is focusing on 4G technology which will allow users greater access to data-hungry services.
“We believe that in the nearest future cloud services will boom in Ukraine,” says Matarykin. “People will have access to their information anytime and anywhere. The business-to-business market, especially in the small and medium enterprise segment, has very high potential demand in I.T. and new technology solutions in telecoms.”
Last month Huawei announced that it plans to soon open a research and development center in Ukraine. If the center does open, it will join the more than a dozen such institutions which Huawei already operates worldwide