Imagine that you could read this sentence 1,000 times faster. Such an increase in speed is difficult to comprehend, and even if you try to read the sentence repeatedly, you might only reduce the time by half.
The reason I mention this experiment is that a few months ago, Huawei and TDC tested a 5G network in Copenhagen with a speed up to 1,000 times faster than current networks. With 5G, it will only take a few seconds to download your favourite film.
Things will connect quickly, crisscrossing and into the future. The future 5G network is expected to be commercialised by 2020, and Huawei has already invested 600 million dollars in 5G technologies. But why test the next big thing in a country like Denmark?
As the world becomes more and more digital, the need to develop new tech solutions increases. As a network provider, Huawei needs to be at the forefront if we want to survive. We therefore invest 10 per cent of our turnover every year in research and development and select test countries with great care.
Denmark is often the first choice when it comes to testing new technologies. Currently, we are rolling out Gigaspeed through Coax to more than a million households. The key word is synergies. In this small, well-functioning Nordic ecosystem, we can combine talent and knowledge from Danish companies with Huawei’s newest solutions for the future – something that is relevant for many other international companies as well.
When I talk to companies in China, I often offer them five reasons to consider building their business in Denmark.
As is the case for all countries, there is room for improvement in Denmark when it comes to doing business. But when all is said and done, it is a great place to run a company when you understand the Danish culture. One of the first things I learned in Denmark was that Danes do business before they become friends. In China, it is often the other way around.
But the core is trust. Trust is the fundamental value when doing business anywhere in the world. I have lived and worked in a handful of countries: China, Ghana, Nigeria, Sweden, Poland and Denmark. From these experiences, I have learned that trust can be built on very different foundations.
I continue to learn small things about Danes every day, but for now, here are my main observations.
This is my second time in Denmark, and Huawei is here for the long run. As one of the world’s biggest privately owned companies, I hope we can contribute to creating an even stronger tie between Danish and Chinese businesses, people and cultures. This is an important reason why I have decided to join the board of the Danish-Chinese Business Forum.
In Europe alone, Huawei has more than 850 engineers in R&D, and it is important for me that Huawei offers talents a great place to work in Denmark. The company has been here since 2007, and we are not just here for 2, 5 or 10 more years. We are here for the long term.
But our success builds on talented people, and the competition for IT engineers is fierce. Even though we have more than 20 different nationalities at our office in Denmark, and even though we are a global company, it can be difficult to recruit and retain specialists.
That is also why Huawei has been investing in our talent programme “Seeds for the Future” since 2011, where talented students visit China, learn Chinese and work with the latest technologies. The programme involves 77 countries across the world. In Europe alone, 27 countries participate, and more than 700 students have been involved, including 30 students from Denmark.
Huawei’s vision is for Denmark to become better connected. It is our ambition to be at the forefront of the technologies that make this development possible; from cloud computing to 5G. And Denmark is the perfect place to test the next big thing.
This article has previously been published in ”Danish Chinese Business Forum”
One of the first things I learned in Denmark was that Danes do business before they become friends. In China, it is often the other way around.