BANGALORE, INDIA: Telecom networking equipment maker Huawei announced that it will invest $150 million (about Rs 813 crore) in the second half of this year and set-up a new research and development (R&D) centre in Bangalore, as per a report on PTI.
This new facility will have capacity to house 5,000 people, but the company is yet to firm up its hiring plan for India, adds the report. Huawei is also evaluating to shift its Indian global network operation centre (GNOC) to this new facility.