Featured Articles

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

We wanted to learn a bit more about Qualcomm's plans for wearables and it turns out that the company believes its…

More...
Qualcomm sampling 20nm Snapdragon 810

Qualcomm sampling 20nm Snapdragon 810

We had a chance to talk to Michelle Leyden-Li, Senior Director of Marketing, QCT at Qualcomm and get an update on…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 23 April 2014 10:45

Huawei ups investment by 14 per cent

Written by Nick Farrell

Mostly in LTE, 5G and cloud

Huawei expects investment in information technology to rise 14 percent in 2014. Fan Chen, vice president of accounting, told an analyst conference in Shenzhen, China his outfit will be investing in LTE (Long-Term Evolution), 5G and cloud computing technology. Huawei, the world's third-biggest smartphone manufacturer, had 34 percent profit growth in 2013 and has targeted 2018 revenue to almost double the record reaped last year.

LTE investment makes a lot of sense as China upgrades its mobile networks to handle the new technology. Huawei began investing in 5G in 2009 and is spending a small fortune on developing the technology. As such it is expected to clean up in Europe when the technology comes out. Its aim is that the first commercial 5G networks will be up and running by 2020, and will offer data speeds of around 10Gbps, which is approximately 10 times faster than 4G.

However, Huawei stated that there must first be a successful global deployment of LTE 4G before 5G can be made a reality. Huawei is already helping with the European rollout of 4G in countries like Sweden and Norway. Huawei expects its enterprise business revenue to reach $10 billion in five years, said Xu, from roughly $2.45 billion in 2013.

Its carrier business, where revenue growth is slowing, will shrink to 50 to 60 percent of its total revenues in 2018 from about 70 percent last year. Huawei's global service business, part of its carrier operations, is predicted to grow 17 percent in 2014, from $8.34 billion last year.

 

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments