Huawei invades Nokia's turf, plans on opening R&D center in Finland
This will be Huawei's first office in the country, but its 11th in Europe. The company currently has 7,000 workers in Europe, a number likely to hit 14,000 by 2017. Back in September, the company announced a $2 billion commitment to the U.K. with another R&D center scheduled to open in Spain.
The new Finnish R&D center for Huawei will be minutes away from Nokia's HQ in Espoo. The beleaguered Finnish handset company recently entered into a sale and lease back agreement for the building.