Huawei Technologies: Huawei is planning a big move by investing $1 billion over the next five years.
China’s Huawei Technologies is now planning a move into another big market, such as the servers, storage and data center management.
The Chinese company plans to invest $1 billion in the aims to boost its revenue from its information-technology infrastructure business; it’s a move that will likely better position Huawei if all goes as planned.
The move to invest $1 billion is one of the latest moves from Huawei.