Ungated Post | 14 May 2019

The Economic Impact of Huawei in the UK

Huawei is a global leader in information and communications technology solutions. Since opening its first UK office in 2001, Huawei has played an important part in helping its UK carrier partners to develop and roll out both fixed and mobile networks throughout the UK, by its provision of network architecture, sites, and stations. More recently, it has offered its range of smart devices to personal customers in the UK and elsewhere.

"This report investigates the economic contribution that Huawei made to the UK economy between 2012 and 2018. We find that Huawei stimulated a £1.7 billion contribution to UK GDP in 2018 alone. Furthermore, Huawei is found to have supported 26,200 jobs across the UK in 2018. This economic activity generated £470 million in tax revenues for the Exchequer.

It also investigates how Huawei’s research and development (R&D), staff training, and Seeds for the Future and ICT Academy programmes have enhanced the productive potential of the UK economy. "

Read the full report.

Our economic consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project were:

Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.

To find out more about our capabilities, contact:

EMEA
Sam Moore
+44 (0)207 803 1415
Email

Americas
Hamilton Galloway
+1 (646) 503 3068
Email

Asia
Christie Tang
+852 3974 8841
Email

Related Services

Post

Energy Transitions in Western and Central Africa: A focus on Nigeria, Ghana, Senegal, Equatorial Guinea and Mauritania

The global energy transition involves the sustained displacement of fossil fuels by renewable energy and complementary technologies to reduce carbon intensity. It is, however, imperative to consider such shifts within the distinct developmental contexts of countries to ensure energy transitions are socially inclusive and just. This latest report by our Africa consulting team examines how energy transitions are likely to unfold in Nigeria, Ghana, Senegal, Equatorial Guinea, and Mauritania.

Find Out More

Post

Becoming More Efficient – How finance and IT are leading the way

Oxford Economics and SAP Concur surveyed 1,000 finance and IT executives about how they are making their functions more efficient.

Find Out More

Post

Delivering Economic Value – DoorDash 2021 US Economic Impact Report

A US study demonstrating how DoorDash empowers local economies by creating and supporting impact across the three sides of their marketplace–Dashers, merchants and consumers.

Find Out More