Huawei increases investment in Cork and Dublin
Chinese IT company Huawei is to increase jobs at its base in Cork’s Capitol building after the firm pledged further funds in research and development in Ireland, writes
Huawei, which is among the top three smartphone makers in the world after Samsung and Apple, said it was entering a new research partnership with Trinity College Dublin as well as expanding its Cork workforce to 20.
It said the latest investment brought funds injected in its Irish operations to €17.7m in 2017.
The firm became one of the first to announce it was to take offices in the €50m Capitol redevelopment on Cork’s St Patrick St and Grand Parade.
Other tenants at the city centre site include Facebook-owned Oculus VR and online security firm Alien Vault.
Huawei rotating chief executive Guo Ping, who was in Dublin to announce the new partnership and investment, said: “The TCD partnership highlights our long-term dedication to investment and opportunities in Ireland.
“We are continuing to tap into Ireland’s growing clusters of video, artificial intelligence, cloud, telecoms and technology businesses, nurturing future talent and providing additional new opportunities for highly-skilled professionals.”
The company has been in the Republic of Ireland since 2004 and employs 160 in Cork, Dublin and Athlone, Co Westmeath. It employs 160,000 worldwide.
Taoiseach Leo Varadkar said trade between Ireland and China was worth €12bn a year.
