Huawei 380 million Cambridge buys a chip factory

Huawei 380 million Cambridge buys a chip factory

Huawei, a Chinese telecommunications equipment supplier, will build a wafer R&D facility in the UK, which is expected to be commissioned as soon as 2021. Huawei responded that it has purchased 513 acres of land in Cambridge, England, and plans to build and operate a research and manufacturing base for optical components in the next five years. The industrial area in the suburbs of Cambridge, which Huawei bought, was valued at 37.5 million pounds (a contract of 387 million Hong Kong dollars). The group’s local construction is part of its plan to announce a £3 billion investment in the UK in the next five years, together with British Prime Minister Wen Cuishan in February last year.

According to the Financial Times, Huawei will build a wafer factory in Cambridge and plan to develop chips for broadband networks, which will create about 400 jobs. The site is located in the UK’s wafer design center and is only 15 minutes from the largest technology company, ARM Holdings headquarters.

As the United States restricts Huawei’s development in the local area, Huawei has previously indicated that it will transfer more investment to the UK. In the UK, there has recently been a “limited” to allow Huawei to participate in the infrastructure construction of the local 5G network. However, the incident caused political turmoil. The British Defense Minister Gavin Williamson was accused of leaking the news and was dismissed by Wen Cuishan.

5G patents account for global corporate gimmicks

In addition, according to data from the German patent database company IPlytics, as of March this year, the enterprises with the largest number of 5G standard essential patent applications belonged to Huawei, accounting for about 15.1%. In terms of national calculations, China ranks first in the world, accounting for 34% of patent applications, followed by South Korea and Finland, and the United States.