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Will Huawei build a factory in Jiaolai, Jiaozhou, Qingdao?

Yes. In 2021, Huawei has signed a strategic cooperation framework agreement with Jiaozhou City, and plans to invest in the Huawei (Qingdao) Smart Valley project in Jiaozhou City. Huawei will build a factory in Jiaolai, Jiaozhou, Qingdao, and jointly create a comprehensive network of Internet of Things, cloud computing, and big data. A comprehensive smart industrial park and smart community that integrates new generation information technologies such as data and artificial intelligence.