Huawei's chairman Sun Yat-Fang announced the agreement last week in Beijing after meeting with British Prime Minister Theresa May, which shows Huawei's "long-term commitment" to the United Kingdom.
Sun Ya Fang pointed out that the United Kingdom is Huawei's first international market, in 2001 the company opened its first office in the United Kingdom.
She said: 'We have been working with key clients in the UK for more than 12 years to help build a better-connected UK and in the coming years we look forward to continuing to work with our customers and partners to help keep the UK At the forefront of the digital age.
These purchase agreements will include global risk management and foreign exchange transactions as well as royalties paid by Huawei to British technology companies such as chip design firm ARM.
Liam Fox, Britain's minister of international trade, said the deal would boost Britain's economy.
Huawei previously promised to invest £ 1.3bn in the UK from 2013 to 2017. In fact, Huawei invested or purchased £ 2bn in the UK within these five years, and Huawei currently has 15 offices in the UK that provide jobs More than 1,500 jobs.
This procurement commitment is very different from commercial investment, and Huawei has become the major broadband equipment supplier to BT Group, the telecom operator, and Vodafone Group, a wireless giant.
Last month, Huawei suffered a new setback in its efforts to win new business in the US Earlier in January, the company dropped its plan to introduce Huawei's flagship Mate 10 Pro into the U.S. market.