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Huawei plans to invest $ 3.1 billion in Italy in 5G

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Huawei has announced plans to invest $ 3.1 billion in Italy over the next three years, while ensuring transparent, efficient and fair use of its Golden Power network on the 5G network.
Thomas Miao, managing director of Huawei Italy, said on Monday that Huawei would create 1,000 jobs in the country over the next three years.
Miao further confirmed that if the company is still blacklisted in the United States in August, it has a « plan B » to guarantee the supply of components