“The reason Huawei has based its cloud service centre for Europe in
Huawei, which this week announced it is to invest €70 million in research and development activities in the Republic of Ireland over the next three years, has consistently denied allegations by the US government that its technology solutions can be used to spy on other countries or companies. “As the only superpower in the world, the US has mobilised resources across the country to crack down on our company. We are certainly feeling the pressure and pain from that. However, Huawei is doing everything it can to survive and thrive,” Mr Guo added.The senior executive said he believed that, after Brexit, “Ireland will become a very important option for Chinese companies looking to build their European presence”.