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Huawei says it plans to invest $3.1 billion in Italy

Energy Daily Tuesday, 16 July 2019
Milan (AFP) July 15, 2019

Chinese tech giant Huawei said Monday it plans to invest $3.1 billion (2.75 billion euros) in Italy over three years, as the firm looks to strengthen its foothold in Europe after the US labelled it a major security risk. Huawei - a leader in next-generation 5G wireless technology - is subject to US sanctions over concerns about its ties to the government in Beijing and Washington has urged

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