China giant Huawei launches R&D unit in Bengaluru

Chinese telecom gear maker Huawei on Thursday launched a research and development campus here with an investment of $170 million. The campus, being the first by any Chinese company, has a capacity to accommodate 5,000 engineers but at present 2,700 people are working here, with 98 per cent being local workers. The company, which has completed 15 years in the Indian market, said the R&D campus will play a key role.