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Huawei will invest $4 billion in fixed broadband

Huawei Technologies, the world’s largest telecommunications equipment maker, said it would invest more than $4 billion in fixed broadband technology research and development  in the next three years.

Huawei, which has shifted its focus to the mobile device market in recent years, said in a statement on Thursday that fixed broadband – the pipes connecting homes and offices – remained a “key direction for strategic investment.”

The Shenzhen-based company said it would research basic technologies such as photonics used in fiber optic cables as well as software-defined networking.

Huawei said investing in fixed broadband technology will be important given the rise of high-resolution video technology, which for instance powers 4K television sets as well as commercial big data operations that also consume significant bandwidth.

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Source: Reuters

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