Huawei Trains Its Sight on Servers, and IT in General

choi

Huawei | The Great Disrupter’s New Targets; The Chinese firm prepares to take on HP, Cisco and other IT giants. Economist, Sep 20th 2014 .
www.economist.com/news/business/ ... reat-disrupters-new

Quote:

"In the first stage of this, Huawei plans to increase its sales of servers, storage and other data-centre equipment by a factor of ten by 2020. * * * because the telecoms-equipment market has become saturated and is set to grow only sluggishly. The IT business is also crowded. But it is a far bigger market than telecoms equipment, and Huawei, since it has such a small share of it, has enormous scope for growth.

Huawei CEO "Mr Guo [Ping] argues, the long-predicted convergence of the telecoms and IT businesses is finally happening. The switching of telecoms and internet traffic will no longer require so much of the costly, specialist hardware that Huawei now makes. Increasingly, the job will be done by software, which will run on cheaper, standard IT equipment—what is known as 'software-defined networking.'

My comment: The article does not say much, but does report the company's next direction ("unveil a new business strategy"). It is an update of sorts.