Still peddling transparency, says industry-wide cooperation ‘is essential’.
Huawei will be spending $4bn in fixed broadband technology R&D over the next three years, with a focus on products for enabling its customers to give an improved internet service for end users.
The announcement was made at the Huawei Ultra-Broadband Forum in London today.
Huawei products and solutions president, Ryan Ding, said: "Huawei has always been focused on customer needs and adding value through core technologies and innovation. As an information and communications technology leader, 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."
Huawei predicts the next three years will be a turning point for fixed broadband development. The Chinese telco equipment maker said: "While the outlook for the industry remains bright, there are areas where industry-wide cooperation is essential."
There are a number of emerging technologies that will require increased higher bandwidth and lower latency broadband infrastructures, and developing fixed broadband to meet the demands of these, such as 4K video streaming and bid data processing, is now a priority for telecommunications hardware makers.