The Digital Source For China's Tech Innovation Since 2000

Search
Close this search box.

Huawei Device Buys Land In Dongguan For Manufacturing Research Headquarters

October 9, 2012
Business | Gadgets & Electronics | Telecom & Wireless

Huawei Investment Holdings Limited has invested CNY11,691 in the purchase of a 1,900-mu piece of land in Dongguan, Guangdong, to build Huawei Device's manufacturing research headquarters.

According to reports in Chinese local media, the land is located to the south of Songshan Lake. With an area of 233,816 square meters, the transfer period is 50 years.

Prior to this, rumors swirled that Huawei Device decided to build its headquarters to the south of Songshan Lake, covering an area of 1,900 mu. According to Huawei Device's plans, the company will invest about CNY10 billion in the construction of the headquarters, which will focus on the research and development, sales, and value-added services of various devices. The project will include the company's research and development office center and a high-end training center.

This is not the first time for Huawei to build a plant in Dongguan. In 2005, the company set up a company at Songshan Lake, building a base for network communications products manufacturing and distribution in southern China. By 2010, the company's output reached about CNY10.36 billion and it contributed taxes of about CNY220 million.

Tags: Dongguan | Guangdong | Huawei | Huawei Device | logistics | manufacturing | Songshan

Other Related News:

41,674 Shares in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Acquired by ICICI Prudential Asset Management Co Ltd

December 2, 2021

Huawei enters EV business by lending technology to Chinese SUV

December 24, 2021

China Mobile Settles GSM Outsourcing

April 30, 2007

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to Issue $0.39 Quarterly Dividend

November 13, 2021

Chinese Startup Turns Leftover Hot Pot Oil into Jet Fuel

February 20, 2023

Apple’s talks with Chinese battery makers CATL and BYD mostly stalled: report

November 1, 2021

Geely’s premium brand Zeekr aims to deliver 10,000 units a month, challenging Tesla, home-grown Chinese rivals

August 19, 2022

Ballentine Partners LLC Increases Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

December 15, 2021

abrdn plc Reduces Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) The Cerbat Gem

July 25, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter