China's Huawei to invest US$1b to support developers over next 5 years

China's Huawei Technologies Co Ltd on Monday said it will spend US$1 billion to support information and communication technology developers over the next five years. 

PHOTO: BLOOMBERG

OCT 19, 201512:07 PM

[HONG KONG] China's Huawei Technologies Co Ltd on Monday said it will spend US$1 billion to support information and communication technology developers over the next five years.

"The aim is to help developers create innovative services and rapidly respond to customers' business needs," Huawei executive director and president of products and solutions Ryan Ding said in a statement.

REUTERS