MegaBanner-Right

LeaderBoad-Right

LeaderBoard-Left

Home » Featured IND » Huawei outlines investment plans in Poland depending on 5G role

Huawei outlines investment plans in Poland depending on 5G role

Huawei aims to spend $793 million in Poland in the next five years, although whether the Chinese firm has a role in the 5G rollout may affect the scale of investment, an official at the group’s Polish unit said.

The United States has raised concerns about the security of Huawei technology and encouraged allies not to use it. Huawei says its technology does not pose a security risk to users.

Polish officials said in January the government was prepared to exclude Huawei from 5G networks after the arrest of a Chinese Huawei employee and a former Polish security official on spying allegations.

“In the next five years, we plan to spend almost 3 billion zlotys in Poland through purchases,” Ryszard Hordynski told Reuters, adding the firm was waiting to see what role the company had in Poland’s 5G plans.

“Huawei wants to develop and invest in Poland, but these investments have to make sense from a business perspective.”

SourceIOL
To enquire about Cape Business News' digital marketing options please contact sales@cbn.co.za

Related articles

Putting ESG commitments into action – mining’s decarbonisation journey starts now

As global scrutiny intensifies, mining companies are faced with a seemingly insurmountable task; ensuring their environmental, social, and governance (ESG) pledges translate into measurable...

Global luxury residential markets continued to grow through 2024 – driven by strong performance in the Middle East

Global luxury residential markets continued to grow through 2024 - driven by strong performance in the Middle East London, UK – According to 2025 The...

MUST READ

City takes Manufacturing Support Policy directly to factory floor to drive...

City takes Manufacturing Support Policy directly to factory floor to drive Cape Town’s industrial growth The City of Cape Town’s Mayoral Committee Member for Economic...

RECOMMENDED

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.