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Huawei To Invest $4 Billion In Fixed Broadband R&d In Next Three Years

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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Journalists attend the presentation of the Huawei's new smartphone, the Ascend P7, launched by China's Huawei Technologies in ParisBEIJING (Reuters) - Huawei Technologies Co Ltd , the world's largest telecommunications equipment maker, said it would invest more than $4 billion in fixed broadband technology research and development (R&D) in the next three years. Huawei, which has shifted its focus to the mobile device market in recent years, said in a statement on Thursday that fixed broadband - the pipes connecting homes and offices - remained a "key direction for strategic investment. ...




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