Chinese telecoms equipment maker Huawei Technologies plans to add 5,500 employees in Europe over the next five years, Bloomberg reported, citing Chief Strategy Marketing Officer William Xu. Shenzhen-based Huawei now has about 7,700 employees in Europe. The company is adding workers as it competes for business in the region against rivals including Alcatel-Lucent (ALU.NYSE, ALU.EPA) and Ericsson (ERIC.NASDAW, ERICB.STO). Last month Huawei said it is focusing investment on countries where it has been accepted, after lingering suspicions in the US that its gear may give Chinese intelligence services the opportunity to tamper with networks for spying.
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