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Huawei to Offer OEM Contracts to Qualcomm, Broadcom and Avago
Feb 22, 2012 (Close-Up Media via COMTEX) --
Huawei, an information and communications technology (ICT) solutions provider, announced that it will award Original Equipment Manufacturer (OEM) contracts totaling US$6 billion to Qualcomm, Broadcom and Avago, three California-based communications technology companies.
According to a release, the February 17 announcement underscores Huawei's continued commitment to the U.S. market and the three-year OEM contracts will directly and indirectly create over tens of thousands of job opportunities for U.S. business while contributing to growth and development opportunities for California high-tech as well as the ICT industry as a whole.
"This procurement agreement reaffirms Huawei's determination to deliver on its promise to be a local economy contributor, and is a demonstration of confidence in the long-term relationships we have cultivated with our local high-tech partners," said Chen Lifang, Senior Corporate Vice President of Huawei, "The U.S. holds the leading position in the ICT industry, and when coupled with Huawei's long-term dedication to innovation in the U.S. market, the result is a strategic collaboration to develop a more diversified, balanced and healthier global ICT ecosystem."
Since establishing its U.S. operations in 2001, Huawei has partnered with 280 U.S. technology providers, with total procurement contracts exceeding US$30 billion. These contracts have covered software, components, chipsets, and services, and its 2011 procurement in this critical region saw an 8 percent increase year-over-year.
"Huawei is widely recognized as a driver of innovation in the ICT industry and we are honored to expand this relationship to deliver even greater value to our customers," said Bryan Ingram, Senior Vice President and General Manager of the Wireless Semiconductor Division of Avago Technologies. "Avago has provided leading semiconductor devices to our global customer base for over 50 years, and with the support of Huawei, we will continue to advance our wireless portfolio to serve the rapidly expanding mobile applications and cellular infrastructure market."
"Huawei is an important global customer and is a growing leader in the wireless industry. Qualcomm is pleased to be working with Huawei, supplying our leading family of Snapdragon processors and multimode broadband modem products, and we look forward to Huawei's continued success," said Cristiano Amon, Senior Vice President of Qualcomm.
More information:
www.huawei.com
((Comments on this story may be sent to newsdesk@closeupmedia.com))
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