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China market: Huawei striving to develop cloud datacenter business

Irene Chen, Taipei; Steve Shen, DIGITIMES Asia Wednesday 21 September 2016 0

Huawei plans to inject an annual R&D expenditure of US$1 billion in the next few years to develop its cloud datacenter products, aiming to generate revenues of US$10 billion from cloud-related business by 2020.

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