Huawei’s crucial role in advancing 5G technology

Huawei has opened a new research and development center in Osaka Prefecture to strengthen its ties with Japanese suppliers.
Updated 10 February 2019

Huawei’s crucial role in advancing 5G technology

Huawei’s revenues of 2018 are expected to exceed $100 billion. This is due to hundreds of network operators, nearly half of the world’s Fortune 500 companies and hundreds of millions of consumers trusting in Huawei’s technology, the Chinese telecom giant said.
Huawei has managed to secure 25 commercial contracts, ranking No.1 among all ICT equipment providers, having already shipped more than 10,000 base stations to markets around the world.
Huawei said it believes in transparency and in empowering its customers, which is why the company recently invited a Saudi delegation to visit its headquarters. The delegation toured a number of key Huawei facilities, including Huawei’s campus and university, which offer education to trainees from all over the world, Huawei’s manufacturing lines and logistics center, in addition to a number of labs, R&D and cybersecurity centers.
“A lot of countries have been supportive of Huawei and believe in their technologies such as the Czech Republic who reversed the ban on Huawei. The Czech National Security Council reversed the decision in saying that the ‘security threat’ warning had no tech basis. The council said that the Czech Republic welcomes all kinds of foreign investment,” Huawei said in a press release.
The company said that many European operators see Huawei as their strategic partner that will play a crucial role in advancing the next generation of wireless technology. “Huawei is still gaining foreign carriers’ support on 5G. Many European telecom providers are proceeding with 5G implementation with Huawei. The UK mobile operator O2 confirmed that it will continue to deploy Huawei 5G gear in the UK,” the press release said.
Huawei has also recently partnered with telecommunications operator Altice Portugal committing to the development and implementation of 5G services in Portugal. Vodafone Italia and Huawei also recently announced the completion of a technique to improve the frequency range of the spectrum as part of their pre-standard 5G trials in Milan.
Orange CEO Stéphane Richard said: “Huawei has the best technology in the world. They have the strongest capability and methods for R&D in the industry. So, the quality of their products is undoubted.”
In Japan, Huawei is cooperating with the Japanese government and bolstering purchases of parts in Japan to ease concerns that its products could be used in espionage or cyberattacks by Beijing. Japan is an important market for Huawei in terms of procuring core parts. The company spent an estimated 670 billion yen ($6.06 billion), up 40 percent from a year earlier, for parts bought on the Japanese market in 2018. The company has already opened a new research and development center in Osaka Prefecture to strengthen its ties with Japanese suppliers.


LuLu Group announces SAR1 billion expansion plans

Updated 14 October 2019

LuLu Group announces SAR1 billion expansion plans

  • Group also launched SAR1 million 10th anniversary promotion

RIYADH: LuLu Hypermarkets, one of the largest retailers in the region, is upbeat about the investment climate of KSA and is planning to expand in the coming years.

Talking to media during the group’s 10th anniversary celebrations held at Atayaf Mall in Riyadh, chairman M. A. Yusuff Ali unveiled LuLu Group’s plans.

Saad Al-Gamdi, Head of Saudization Programme (Tawteen) at the Ministry of Labour, along with Yusuf Ali, Chairman of LuLu Group, officially inaugurated the anniversary celebrations in the presence of senior officials and a large number of shoppers. 

Elaborating on LuLu Group’s journey so far, Yusuf Ali said: “With a modest beginning in the 2009, today we have 17 hypermarkets, 12 Aramco commissaries and National Guard supermarkets which is a testimony to our acceptance in the country, thanks to our fair pricing and highest quality product range.

“We see tremendous growth opportunity in the Kingdom. We have already announced that by year 2020, we will open 15 new hypermarkets in Saudi Arabia. Under this plan, 3 hypermarkets have already been opened and another 11 hypermarkets will be completed before end of 2020 at an investment of SAR1 billion ($266.6 million).

“This includes 4 in Dammam, 6 in Jeddah and 1 in Riyadh. This is apart from the SR1.7 billion that we have already invested in the Kingdom until now.”

During the occasion, LuLu also honored 10 long serving Saudi nationals with gold medals and certificates who were all part of LuLu’s growth story in the Kingdom.

Congratulating the Saudi staff, Yusuf Ali said: “We consider it our duty to nurture them as we have a very hardworking, dedicated and productive manpower among Saudi nationals.

“LuLu Group currently employs 2,700 Saudi nationals including 700 women in their various hypermarkets across the Kingdom. Out of the total Saudi work force employed in our group, half of them are from small town like Hail, Tabuk, Hassa and Jubail.

“Our goal is to give employment to more than 4,000 nationals by the end of 2020 out of which 1,700 will be women,

He added that his group gives priority in generating jobs for young Saudis, especially women. “I think it is the duty of all businessmen and investors to create more jobs for local youth.

“We also take this opportunity to extend our gratitude to King Salman, Crown Prince Mohammed Bin Salman and the government who have always given tremendous support to investments and economic development which ultimately generate more employment opportunities for Saudi citizens.”

To mark the occasion of 10th anniversary, LuLu announced the launch of LuLu-Win One Million Riyal promotion which will run for 10 weeks and 10 lucky winners will each get SAR100,000 cash prize.