Huawei to invest $400 mln in New Zealand to drive R&D, build data centre

Tue, 21 Mar 2017

By Paul McBeth March 21 (BusinessDesk) - Chinese telecommunications group Huawei Technologies will spend $400 million over the next five years to help drive local research and development and support the construction of a cloud data centre. Economic Development Minister Simon Bridges and Tertiary Education, Skills and Employment Minister Paul Goldsmith today announced the investments as the Chinese firm becomes firmly entrenched as a major telecommunications equipment vendor in New Zealand. Some $250 million of the funds is being earmark...

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