|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Science, Nature & Technology

Huawei to Invest $100 Billion to Improve Its Network Systems



BEIJING – Chinese technology company Huawei will invest $100 billion in its network systems, the state agency Xinhua reported on Friday.

“We plan to invest greatly on research and development in the next five years to build the world’s best network,” Huawei founder and president Ren Zhengfei was quoted as saying.

Huawei’s strategy has various goals, including achieving the highest cybersecurity and protecting privacy according to the General Data Protection Regulation, an EU standard on data protection.

The founder of the company said that the company is trying to be “as aware as possible” about cybersecurity because it is a key factor for the development of “the future of cloud computing.”

In recent times, the technology company has been involved in several controversies about the security of its devices and about alleged espionage for the Chinese Government.

Huawei is also at the center of the latest diplomatic crisis between Beijing and Washington DC after Ren’s daughter and company financial director, Meng Wanzhou, was arrested in Canada at the request of the US, which accuses her of fraud in violating economic sanctions imposed on Iran.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2019 © All rights reserved