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Home > Cloud Computing > Huawei is focusing on cloud business

Huawei is focusing on cloud business

Seda Nur Cinar by Seda Nur Cinar
September 2, 2020 1:00 pm
in Cloud Computing
1 min read
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Huawei is focusing on cloud business

Huawei, which is the company in the middle of US and China trade war, is focusing on investing cloud business according to Financial Times.

The United States has put several restrictions and sanctions on the Chinese giant Huawei. Huawei founder Ren Zhengfei said that after the United States included them in the Entity List, they transferred their investment in the United States to Russia. The company also expanded the Russian scientist team and increased the salary of Russian scientists.

Growing investment in Russia because of U.S. sanctions

The Shenzhen-based company is still trying to deal with the US ban on chips, while is focusing on investing cloud business. Huawei’s cloud computing business sells computing power and storage to several leading companies in China. In January, Huawei’s unit reported a rapid growth which was equal to its smartphones and telecoms equipment businesses.

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Tags: Huawei
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Seda Nur Cinar

Seda Nur Cinar

Editor of Cloud7, Seda is a Linux and opensource enthusiast, security researcher and a web application developer.

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