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Home Tech Huawei to invest over $4 Billion in Fixed Broadband Technology Over the Next Three Years

Huawei to invest over $4 Billion in Fixed Broadband Technology Over the Next Three Years

by Susan Mwenesi
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A Huawei logo is pictured at the ITU Telecom World in Geneva huawei-logo Chinese IT company Huawei is set to invest Over $4 Billion in Fixed Broadband Technology over the Next Three Years (FBB) technology research and development over the next three years.

The investment will focus on products and solutions which will support their customers with providing an improved service experience for end users.

The announcement was made at the Huawei Ultra-Broadband Forum in London which has brought together industry professionals to address hot topics under the theme “Dream Broader, Band Together”.

Huawei Products and Solutions President, Mr. Ryan Ding said, “Huawei has always been focused on customer needs and adding value through core technologies and innovation. As an information and communications technology leader, Huawei recognizes Fixed Broadband as a key direction for strategic investment and will continue to increase the scale of investment in related technologies, core products and solutions. Our investment will further develop technological advances, help customers increase their competitiveness and decrease overall operating costs.”

The global FBB industry is set to develop as ICT investment increases. Existing technologies are changing, next-generation High-Efficiency Video Coding is maturing, 4k panel and content production costs are reducing and the development of the 4k video industry, are all driving new solutions. As LTE and 5G deployment continues, construction of a high-quality, high-performance networks which guarantee a superior experience is expected by carriers. FBB technologies will be progressed by leveraging big data, data centers and cloud computing to meet their needs.

East and Southern Africa region President, Mr. Peng Li, says: “The African Markets are extremely crucial in our scope for international broadband development. We intend to work closely with our strategic partners to continuously target customer centric needs and bring forward the latest innovation to better the global communication village. In Africa, Huawei will continuously bring the latest solutions and technologies.”

Huawei will continue to expand pipeline capacity through innovative thinking and investment chips, algorithms, silicon photonics and other basic technologies. At the same time Huawei will continue to innovate Software Defined Networking, Network Functions Virtualization to initiate open and intelligent ultra-broadband networks that help customers simplify operations and management, realize fast service innovation and improve network efficiency.

For next-generation networks, Huawei will continue to research and develop new key technologies and architectures for IP and all-optical networks, advancing FBB network development. Huawei predicts the next three years will be a turning point for FBB development.

While the outlook for the industry remains bright, there are areas where industry-wide cooperation is essential. Huawei hopes that through its significant investment and key partnerships it can build a win-win ultra-broadband ecology, furthering the systematic growth of the global FBB industry.

 

 

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