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Huawei to spend $2 billion over 5 years in cybersecurity push

Reuters  |  HONG KONG 

By Sijia JiangHONG KONG (Reuters) - Huawei Technologies on Tuesday said it would spend $2 billion over the next 5 years to focus on cybersecurity by adding more people and upgrading lab facilities, as it battles global concerns about risks associated with its network gear.The typically secretive Chinese technology giant made the comments at one of its most indepth press conferences at its Dongguan offices, after welcoming about two dozen international journalists into its new campus in the southern Chinese city.Huawei has been in the news these past weeks for the arrest of its chief financial ...

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First Published: Tue, December 18 2018. 16:19 IST
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