CHINA TOPIX

Huawei Wants to Sell Components for Building Cloud Infrastructure

Phenny Lynn Palec   |

Sep 05, 2016 11:01 AM EDT

With the growing demand for cloud computing platforms, Chinese tech giant Huawei is throwing its hat into the fray. Huawei aims to establish itself as a major provider of software and devices for cloud computing. The company plans to turn its cloud computing arm into a $10 billion business by 2020.