NEW ZEALAND > China’s Huawei Technologies to invest $400m in New Zealand

Huawei.svg China based telecommunications group Huawei Technologies is set to invest $400 million in New Zealand to help drive local R&D and support the construction of a cloud data center over the next five years. Around $250MM (of the total $400 MM) is expected to be used for equipping local companies/partners by bringing them in Huwai’s supply chain and procurement network. More …