Ren Zhengfei, founder of Huawei, revealed during an interview with BBC that they recently bought 500-acre land in Cambridge to build an optical chip plant.
Ren said that Huawei is the world's leader in optical chip and they plan to export the product to many countries with the new plant. It is said that the optical chip mentioned by Ren is optical communication module.
According to foreign media reports, apart from the 500-acre chip plant in Cambridge, Huawei plans to establish chip research centers in several places, including Edinburgh. Ren said that UK will purchase Huawei's devices sooner or later and Huawei will continue to invest in UK.
By the end of 2017, Huawei had invested GBP2 billion, which was about USD2.34 billion, in UK and the Chinese company plans to invest additional GBP3 billion, which is about USD3.96 billion, in the country within the next five years. Huawei claimed that they had hired 1,500 employees in UK and they will support 7,500 more employees via their supply chain.