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Home ยป Featured IND ยป 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 groupโ€™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.

โ€œIn the next five years, we plan to spend almost 3 billion zlotys in Poland through purchases,โ€ Ryszard Hordynski told Reuters, adding the firm was waiting to see what role the company had in Polandโ€™s 5G plans.

โ€œHuawei wants to develop and invest in Poland, but these investments have to make sense from a business perspective.โ€

SourceIOL
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