Internet News South Africa

Huawei to invest more than $4 billion in FBB

Huawei has announced that it will be investing over $4 billion in Fixed Broadband (FBB) technology research and development over the next three years. The investment will focus on products and solutions that will support customers by providing an improved service experience for end-users.
Huawei to invest more than $4 billion in FBB

Huawei Products and Solutions President, Ryan Ding, said: "Huawei has always been focused on customer needs and adding value through core technologies and innovation. Huawei recognises Fixed Broadband as a key direction for strategic investment and will continue to increase the scale of investment in related technologies, core products and solutions. Our investment will further develop technological advances, help customers increase their competitiveness and decrease overall operating costs."

The global FBB industry is set to develop as ICT investment increases. Existing technologies are changing, next-generation High-Efficiency Video Coding is maturing, 4k panel and content production costs are reducing and the development of the 4k video industry, are all driving new solutions. As LTE and 5G deployment continues, construction of a high-quality, high-performance networks that guarantee a superior experience is expected by carriers. FBB technologies will be progressed by leveraging big data, data centres and cloud computing to meet their needs.

African markets are crucial

East and southern Africa region President, Peng Li, said: "The African markets are extremely crucial in our scope for international broadband development. We intend to work closely with our strategic partners continuously to target customer-centric needs and bring forward the latest innovation to better the global communication village. In Africa, Huawei will continuously bring the latest solutions and technologies."

Huawei will continue to expand pipeline capacity through innovative thinking and investment chips, algorithms, silicon photonics and other basic technologies. At the same time, Huawei will continue to innovate Software Defined Networking, Network Functions Virtualisation to initiate open and intelligent ultra-broadband networks that help customers simplify operations and management, realise fast service innovation and improve network efficiency. For next-generation networks, Huawei will continue to research and develop new key technologies and architectures for IP and all-optical networks, advancing FBB network development.

Huawei predicts the next three years will be a turning point for FBB development. While the outlook for the industry remains bright, there are areas where industry-wide cooperation is essential. Huawei hopes that through its significant investment and key partnerships it can build a win-win ultra-broadband ecology, furthering the systematic growth of the global FBB industry.

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