Having mastered the communications side of the technology world with 5G and smartphones, Chinese telecoms giant Huawei Technologies is committing US$1.5 billion as a first step to master the other side: computing.
“We are more and more aware that the world is composed of two fundamental technologies – connections and computing,” Huawei’s deputy chairman Ken Hu Houkun said in Shenzhen on Wednesday, reports scmp.com.
“The future of computing is a massive market worth more than two trillion US dollars,” he added, citing Gartner’s five-year forecast.
To tap into that market, over the next five years the company will invest an additional US$1.5 billion in incentives to expand its developer base from 1.3 million to 5 million to enable Huawei and its worldwide partners to come up with the next generation of intelligent applications and solutions.
Hu said part of the investment will be used to establish an ecosystem for its Kunpeng series of server CPU chips which are aimed at meeting the general computing needs of corporate customers. Huawei is developing the Kunpeng ecosystems in several key Chinese cities including Beijing Shanghai and Nanjing, which have huge potential corporate computing markets.