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400 Mn Sterling Facility In UK Permission To Be Received By Huawei: The Times

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Chinese telecoms equipment maker Huawei Technologies Co Ltd [HWT.UL] is expected to receive planning permission this week to build a 400-million-pound ($494.24-million) research and development centre in Britain’s Sawston village, the Sunday Times newspaper reported.

The facility, 7 miles (11 km) from Cambridge, will be built for researching and developing chips for use in broadband, according to the report.

The South Cambridgeshire District Council has been advised to approve the company’s application in full, the newspaper reported.

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