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September 3, 2016

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Huawei invests in eco-system

HUAWEI Technologies plans to invest a total of US$1 billion to attract global developers to help it set up its own eco-system, the firm said yesterday in Shanghai.

The Shenzhen-based firm intends to spend the US$1 billion by 2020 and to cooperate with Intel and SAP to establish a data-driven and cloud world, said Guo Wei, Huawei’s rotating chief executive.

“It’s a big cake (for digital transformation) and we are glad to share with partners and developers,” Guo told the Huawei Connect conference yesterday in Shanghai.

Huawei has so far invested US$300 million for this purpose.

In the next decade, the global digital transformation will create a market of US$100 trillion, according to the World Economic Forum.




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