Regional investment agency Invest Bristol & Bath is to spearhead recruitment plans on behalf of Chinese telecoms...
giant Huawei to support its expansion plans in the West Country.
Having previously confirmed its intention to open an R&D centre in the UK, Huawei formally announced its plans to plough £125m into the region last week at its Innovation Day event in Milan, where chief strategy marketing officer William Xu also talked of his hope to build a "Silicon Road" between Europe and Asia.
The facility, which will employ 30 people, will sit alongside Huawei’s existing UK bases in Ipswich and Reading, and will specialise in ICT chip development, microprocessor design and software.
Invest Bristol & Bath sent a trade delegation to China last year specifically to woo Huawei, which is the latest in a series of businesses to set up in the area. Mobile marketing solutions firm Somo recently set up a Bristol base to develop connected devices solutions, and local players SecondSync and solar-powered drone developer Ascenta were bought by Twitter and Facebook respectively.
Altogether, Invest Bristol & Bath claims the region supports around 18,000 IT jobs at 700 companies.
“This is fantastic news for Bristol & Bath as the region continues to grow its technology cluster and reputation as the leading hub for technological innovation in the UK, which already competes on the international stage,” said Invest Bristol & Bath chairman Joe McGeehan.
“The region’s combination of strengths in silicon design, microelectronics system design, embedded software and enterprise software and apps makes it uniquely placed to capitalise on global technology markets worth trillions of dollars,” he added.
Huawei director of CPU technologies Matthew Leung expanded on the reasons behind his firm’s choice.
“The region’s strong talent pipeline, excellent transport links and position as a hub for cutting-edge innovation were key factors in attracting Huawei to Bristol. We look forward to capitalising on these benefits as we grow our operation in the city,” he said.