Huawei aims to spend US$3.4tn by 2026 on global digital transformation
By Eugene Davis Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, believes deepening digitalization is the way to go and expects to spend US$3.4trillion by 2026 on global digital transformation. According to Meng Wanzhou, Vice Chairwoman, Rotating Chairwoman, and CFO at Huawei underscored the importance of digitalization being the new blue ocean for the entire ICT value chain. Speaking at Huawei’s Global Analyst Summit (HAS) on Wednesday in Shenzhen, China Meng said: "Digitalisation is a blue ocean for the whole industry," she said. "Huawei will keep investing in domains like connectivity, computing, storage,...
